Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Up 7,526.2% in December

Porsche Automobil Holding SE (OTCMKTS:POAHY) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 320,300 shares, a growth of 7,526.2% from the December 15th total of 4,200 shares. Based on an average daily volume of 1,433,600 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

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

Porsche Automobil Stock Up 2.2 %

Shares of Porsche Automobil stock traded up $0.08 on Wednesday, reaching $3.71. 259,762 shares of the stock were exchanged, compared to its average volume of 450,951. The firm’s 50 day moving average is $3.67 and its 200-day moving average is $4.13. The company has a debt-to-equity ratio of 0.13, a quick ratio of 8.63 and a current ratio of 15.57. Porsche Automobil has a one year low of $3.47 and a one year high of $5.58.

About Porsche Automobil

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.