Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Update

Pernod Ricard SA (OTCMKTS:PRNDY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 181,779 shares, a growth of 1,550.6% from the August 15th total of 11,013 shares. Based on an average trading volume of 927,189 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

Pernod Ricard Stock Down 0.9%

PRNDY traded down $0.12 during trading on Thursday, hitting $13.73. The stock had a trading volume of 2,990,933 shares, compared to its average volume of 709,287. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.83 and a current ratio of 2.33. The company has a 50 day moving average price of $15.14 and a 200-day moving average price of $15.27. Pernod Ricard has a one year low of $13.40 and a one year high of $21.66.

Pernod Ricard Company Profile

Pernod Ricard is a France-based producer and distributor of wines and spirits. The company’s portfolio includes internationally recognized brands such as Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Beefeater gin, Malibu, Mumm and Perrier-Jouët champagne, and Ricard anise-flavored aperitif.

The company sells its products through a broad global distribution network serving markets across Europe, North and South America, Asia-Pacific, Africa and other regions.