Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSY) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 14,526 shares, an increase of 134.7% from the January 29th total of 6,188 shares. Based on an average daily trading volume, of 86,623 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 86,623 shares, the days-to-cover ratio is currently 0.2 days.

Puma Trading Down 4.5%

Shares of PUMSY opened at $2.73 on Friday. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.24. The business’s 50-day moving average is $2.60 and its 200-day moving average is $2.37.

Wall Street Analyst Weigh In

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

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.