Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Sees Significant Decline in Short Interest

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof99.5% from the July 31st total of 21,900 shares. Based on an average daily trading volume, of 192,900 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 192,900 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Several research firms have recently commented on POAHY. Barclays raised shares of Porsche Automobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 6th. Kepler Capital Markets lowered shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Porsche Automobil has a consensus rating of “Hold”.

Porsche Automobil Price Performance

OTCMKTS POAHY traded down $0.07 on Tuesday, hitting $4.14. The stock had a trading volume of 120,337 shares, compared to its average volume of 239,377. Porsche Automobil has a one year low of $3.30 and a one year high of $4.71. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.12 and a quick ratio of 2.12. The company’s 50-day moving average is $4.07 and its two-hundred day moving average is $3.98.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.