Short Interest in Prada S.p.A. (OTCMKTS:PRDSF) Increases By 33.0%

Prada S.p.A. (OTCMKTS:PRDSF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 75,300 shares, an increase of 33.0% from the December 15th total of 56,600 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is currently 25.1 days.

Prada Trading Up 1.4 %

Shares of Prada stock traded up $0.11 on Friday, reaching $8.00. 400 shares of the company were exchanged, compared to its average volume of 8,300. Prada has a one year low of $5.45 and a one year high of $8.69. The company has a 50-day moving average of $7.56 and a 200 day moving average of $7.23.

About Prada

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.