Puma Se (OTCMKTS:PUMSY) Sees Large Decline in Short Interest

Puma Se (OTCMKTS:PUMSY) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 6,188 shares, a decrease of 83.4% from the January 15th total of 37,355 shares. Based on an average trading volume of 225,064 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 225,064 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Citigroup reiterated a “neutral” rating on shares of Puma in a report on Thursday, January 29th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Puma Stock Performance

OTCMKTS PUMSY traded up $0.02 during trading on Tuesday, hitting $2.73. The stock had a trading volume of 66,545 shares, compared to its average volume of 69,631. The firm has a 50 day moving average price of $2.54 and a 200 day moving average price of $2.32. Puma has a twelve month low of $1.71 and a twelve month high of $3.24.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.