Short Interest in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Expands By 86.5%

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 117,575 shares, a growth of 86.5% from the July 15th total of 63,056 shares. Based on an average trading volume of 565,377 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Pan Pacific International

A hedge fund recently raised its stake in Pan Pacific International stock. Madison Asset Management LLC increased its holdings in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 215,902 shares of the company’s stock after purchasing an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent SEC filing.

Pan Pacific International Stock Up 0.2%

OTCMKTS DQJCY traded up $0.02 during trading on Friday, hitting $11.55. The stock had a trading volume of 82,923 shares, compared to its average volume of 234,667. Pan Pacific International has a one year low of $9.38 and a one year high of $15.97. The stock has a 50 day simple moving average of $10.76 and a 200 day simple moving average of $11.54.

Pan Pacific International Company Profile

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.