Pan Pacific International (OTCMKTS:DQJCY) Shares Gap Down – Here’s What Happened

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) gapped down before the market opened on Tuesday . The stock had previously closed at $11.92, but opened at $10.9150. Pan Pacific International shares last traded at $10.9050, with a volume of 2,302 shares.

Pan Pacific International Stock Down 7.2%

The stock has a 50-day simple moving average of $10.80 and a 200 day simple moving average of $11.52.

Institutional Trading of Pan Pacific International

A hedge fund recently bought a new stake in Pan Pacific International stock. Public Employees Retirement System of Ohio bought a new position in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 44,168 shares of the company’s stock, valued at approximately $2,477,000.

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.