Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Short Interest Up 534.9% in May

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 29,162 shares, a growth of 534.9% from the May 14th total of 4,593 shares. Based on an average daily volume of 521,776 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Pan Pacific International Stock Performance

Pan Pacific International stock traded down $0.13 during midday trading on Friday, hitting $10.74. 137,784 shares of the company’s stock were exchanged, compared to its average volume of 306,529. Pan Pacific International has a 12-month low of $9.49 and a 12-month high of $15.97. The stock has a market cap of $17.06 billion and a price-to-earnings ratio of 0.01. The firm’s 50 day simple moving average is $11.24 and its 200 day simple moving average is $11.91.

Analyst Ratings Changes

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

Pan Pacific International Company Profile

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.