Short Interest in Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Rises By 301.6%

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 412,312 shares, a growth of 301.6% from the April 30th total of 102,674 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 676,002 shares, the short-interest ratio is currently 0.6 days.

Porsche Automobil Stock Performance

Shares of OTCMKTS:POAHY remained flat at $3.76 during trading on Friday. 299,724 shares of the stock were exchanged, compared to its average volume of 300,164. Porsche Automobil has a 12 month low of $3.45 and a 12 month high of $4.79. The business’s 50 day moving average is $3.68 and its two-hundred day moving average is $4.07. The company has a debt-to-equity ratio of 0.18, a quick ratio of 9.94 and a current ratio of 9.94.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.