Prada S.p.A. (OTCMKTS:PRDSF) Sees Significant Decline in Short Interest

Prada S.p.A. (OTCMKTS:PRDSF) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 66,300 shares, a drop of 18.7% from the November 15th total of 81,500 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 14.7 days.

Prada Price Performance

PRDSF stock remained flat at $7.74 during midday trading on Friday. The company’s stock had a trading volume of 101 shares, compared to its average volume of 4,471. Prada has a 52 week low of $5.16 and a 52 week high of $8.69. The business has a 50-day moving average of $7.21 and a 200 day moving average of $7.22.

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.