Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Sees Large Increase in Short Interest

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 57,079 shares, an increase of 237.3% from the September 30th total of 16,923 shares. Based on an average daily trading volume, of 676,298 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Pan Pacific International

An institutional investor recently raised its stake in Pan Pacific International stock. Madison Asset Management LLC boosted its holdings in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 215,902 shares of the company’s stock after purchasing an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent quarter.

Pan Pacific International Price Performance

Shares of DQJCY stock opened at $9.32 on Friday. Pan Pacific International has a 52 week low of $8.20 and a 52 week high of $14.76. The firm has a 50 day moving average of $9.30 and a two-hundred day moving average of $10.98.

About Pan Pacific International

Pan Pacific International Holdings Corporation is a Japan-based retail company best known for operating the Don Quijote chain of discount stores. Its stores offer a broad assortment of groceries, household goods, consumer electronics, apparel, cosmetics, toys and other general merchandise, often through a high-volume, value-oriented retail format.

The company also operates UNY general merchandise stores and specialty retail formats, including the DON DON DONKI brand focused on Japanese products and food.