Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Down 70.6% in May

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 119,721 shares, a decrease of 70.6% from the May 14th total of 406,921 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,165,766 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Pernod Ricard from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Pernod Ricard Price Performance

PRNDY traded up $0.14 on Thursday, hitting $14.59. 259,559 shares of the company were exchanged, compared to its average volume of 745,840. Pernod Ricard has a 12 month low of $13.40 and a 12 month high of $24.13. The firm has a fifty day simple moving average of $14.89 and a two-hundred day simple moving average of $16.65.

About Pernod Ricard

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.