Pan Pacific International (OTCMKTS:DQJCY) Sees Large Volume Increase – What’s Next?

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) saw an uptick in trading volume on Monday. 485,097 shares were traded during trading, an increase of 36% from the average daily volume of 356,283 shares. The stock last traded at $9.3760 and had previously closed at $9.3240.

Pan Pacific International Stock Performance

The firm has a 50 day moving average price of $9.27 and a 200-day moving average price of $10.96.

Institutional Investors Weigh In On Pan Pacific International

A hedge fund recently raised its stake in Pan Pacific International stock. Madison Asset Management LLC raised its stake in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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.

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.