Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Short Interest Up 349.6% in April

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 102,674 shares, an increase of 349.6% from the April 15th total of 22,839 shares. Based on an average daily volume of 424,432 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Porsche Automobil Stock Performance

Shares of Porsche Automobil stock opened at $3.72 on Wednesday. The company has a 50 day moving average of $3.70 and a 200-day moving average of $4.10. Porsche Automobil has a 1-year low of $3.45 and a 1-year high of $4.79. The company has a quick ratio of 9.94, a current ratio of 9.94 and a debt-to-equity ratio of 0.18.

About Porsche Automobil

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.