Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Down 62.9% in November

Porsche Automobil Holding SE (OTCMKTS:POAHY) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 31,800 shares, a drop of 62.9% from the November 15th total of 85,600 shares. Based on an average trading volume of 1,790,600 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Barclays lowered shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. Citigroup raised shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 23rd. Sanford C. Bernstein assumed coverage on Porsche Automobil in a research note on Tuesday, August 20th. They issued a “market perform” rating for the company. Finally, UBS Group downgraded Porsche Automobil from a “hold” rating to a “strong sell” rating in a research report on Monday, December 9th.

Porsche Automobil Price Performance

POAHY traded down $0.03 on Friday, hitting $3.67. 753,245 shares of the stock were exchanged, compared to its average volume of 349,577. The company has a current ratio of 15.57, a quick ratio of 8.63 and a debt-to-equity ratio of 0.13. Porsche Automobil has a 12 month low of $3.47 and a 12 month high of $5.58. The business has a 50-day moving average of $3.91 and a two-hundred day moving average of $4.33.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.