Pan Pacific International (OTCMKTS:DQJCY) Sees Large Volume Increase – Here’s Why

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares saw unusually-high trading volume on Tuesday . Approximately 301,957 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 320,325 shares.The stock last traded at $10.0196 and had previously closed at $9.84.

Pan Pacific International Price Performance

The company has a fifty day simple moving average of $10.70 and a two-hundred day simple moving average of $11.30.

Institutional Trading of Pan Pacific International

A hedge fund recently raised its position in Pan Pacific International stock. Madison Asset Management LLC grew its position in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent quarter.

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.