Prada S.p.A. (OTCMKTS:PRDSY) Short Interest Up 4,640.4% in December

Prada S.p.A. (OTCMKTS:PRDSYGet Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 30,765 shares, a growth of 4,640.4% from the December 15th total of 649 shares. Based on an average daily volume of 28,788 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 28,788 shares, the short-interest ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group downgraded Prada from a “buy” rating to a “neutral” rating in a research report on Friday, November 28th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on Prada

Prada Price Performance

PRDSY stock traded down $0.10 during trading on Monday, hitting $10.98. 12,989 shares of the company’s stock traded hands, compared to its average volume of 16,552. Prada has a 52 week low of $10.12 and a 52 week high of $18.00. The business has a fifty day simple moving average of $11.65 and a 200 day simple moving average of $11.73.

About Prada

(Get Free Report)

Prada S.p.A. is an Italian luxury fashion house renowned for its high-end leather goods, ready-to-wear collections and accessories. Founded in 1913 by Mario Prada in Milan, the company has built a reputation for craftsmanship and understated elegance. Its product portfolio spans handbags, small leather goods, footwear, eyewear and fragrances, all designed to reflect a blend of traditional techniques and contemporary sensibilities.

The company distributes its products through a network of directly operated boutiques, franchise stores and e-commerce platforms.

Further Reading

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