Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Down 86.8% in December

Porsche Automobil Holding SE (OTCMKTS:POAHY) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 4,200 shares, a drop of 86.8% from the November 30th total of 31,800 shares. Based on an average daily trading volume, of 1,537,100 shares, the short-interest ratio is presently 0.0 days.

Porsche Automobil Price Performance

OTCMKTS POAHY traded up $0.08 on Friday, hitting $3.73. 1,094,683 shares of the stock traded hands, compared to its average volume of 364,175. The company has a current ratio of 15.57, a quick ratio of 8.63 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average of $3.80 and a 200 day moving average of $4.23. Porsche Automobil has a twelve month low of $3.47 and a twelve month high of $5.58.

Analyst Ratings Changes

Several analysts recently issued reports on POAHY shares. Barclays downgraded Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd. UBS Group lowered Porsche Automobil from a “hold” rating to a “strong sell” rating in a research note on Monday, December 9th. Finally, Citigroup raised Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 23rd.

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.