Kering SA (OTCMKTS:PPRUY) Short Interest Update

Kering SA (OTCMKTS:PPRUY) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 114,800 shares, an increase of 635.9% from the January 31st total of 15,600 shares. Based on an average daily volume of 405,200 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered shares of Kering from a “neutral” rating to an “underweight” rating in a research note on Monday, December 2nd. Three research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat.com, Kering currently has a consensus rating of “Hold”.

Kering Stock Down 1.3 %

Shares of PPRUY stock traded down $0.38 during trading on Friday, reaching $28.18. The company had a trading volume of 282,201 shares, compared to its average volume of 277,813. The firm’s 50 day simple moving average is $25.74 and its two-hundred day simple moving average is $25.67. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70. Kering has a one year low of $21.69 and a one year high of $47.15.

Kering Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were given a dividend of $0.2097 per share. The ex-dividend date was Monday, January 13th.

About Kering

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.