Short Interest in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Grows By 2,415.6%

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 358,700 shares, a growth of 2,415.6% from the June 15th total of 14,259 shares. Based on an average daily trading volume, of 922,763 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Pan Pacific International Trading Up 1.0%

Shares of OTCMKTS DQJCY traded up $0.11 during midday trading on Friday, reaching $10.79. The company had a trading volume of 125,968 shares, compared to its average volume of 315,954. Pan Pacific International has a 1 year low of $9.38 and a 1 year high of $15.97. The business’s 50-day simple moving average is $10.59 and its 200 day simple moving average is $11.65. The stock has a market cap of $17.14 billion and a P/E ratio of 0.01.

Analyst Ratings Changes

Separately, Zacks Research raised Pan Pacific International to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Pan Pacific International currently has a consensus rating of “Hold”.

About Pan Pacific International

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.