Prada S.p.A. (OTCMKTS:PRDSY) Short Interest Down 62.5% in March

Prada S.p.A. (OTCMKTS:PRDSY) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a decline of 62.5% from the February 28th total of 800 shares. Based on an average daily trading volume, of 20,700 shares, the days-to-cover ratio is presently 0.0 days.

Prada Stock Performance

Shares of OTCMKTS:PRDSY traded up $0.29 during mid-day trading on Friday, reaching $14.56. The stock had a trading volume of 17,350 shares, compared to its average volume of 6,658. The firm has a 50 day simple moving average of $16.13 and a two-hundred day simple moving average of $15.23. Prada has a twelve month low of $12.56 and a twelve month high of $18.00.

Prada Company Profile

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.