Pan Pacific International Holdings Co. (OTCMKTS:DQJCF) Short Interest Update

Pan Pacific International Holdings Co. (OTCMKTS:DQJCF) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 6,518,888 shares, a growth of 68.0% from the July 15th total of 3,879,319 shares. Based on an average daily volume of 2,806 shares, the short-interest ratio is presently 2,323.2 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein began coverage on shares of Pan Pacific International in a research note on Tuesday, May 26th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Pan Pacific International Price Performance

DQJCF opened at $6.20 on Wednesday. Pan Pacific International has a 52 week low of $4.55 and a 52 week high of $7.27. The business’s fifty day simple moving average is $5.33 and its 200 day simple moving average is $5.76.

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.