Short Interest in Puma Se (OTCMKTS:PUMSY) Drops By 26.2%

Puma Se (OTCMKTS:PUMSY) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 144,000 shares, a decline of 26.2% from the March 15th total of 195,100 shares. Based on an average daily volume of 695,500 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf lowered shares of Puma to a “neutral” rating in a research note on Wednesday, March 12th.

Puma Price Performance

OTCMKTS:PUMSY traded up $0.12 during mid-day trading on Friday, hitting $2.30. 64,975 shares of the stock traded hands, compared to its average volume of 553,834. The business’s 50-day moving average price is $2.61 and its 200 day moving average price is $3.71. Puma has a 12-month low of $1.94 and a 12-month high of $5.66.

About Puma

PUMA SE, together with its subsidiaries, engages in the development and sale of athletic footwear, apparel, and accessories in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company provides sports lifestyle products for football, handball, rugby, cricket, volleyball, track and field, motorsports, golf, and basketball.