Puma Se (OTCMKTS:PUMSY) Short Interest Up ∞ in June

Puma Se (OTCMKTS:PUMSY) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 36 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 22,964 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Santander assumed coverage on shares of Puma in a research note on Friday, June 26th. They issued a “neutral” rating on the stock. Citigroup raised Puma from a “neutral” rating to a “buy” rating in a report on Thursday, June 4th. HSBC upgraded shares of Puma to a “buy” rating in a research report on Tuesday, June 16th. Finally, Zacks Research upgraded shares of Puma to a “hold” rating in a research report on Tuesday, June 9th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Puma Stock Performance

Shares of Puma stock traded down $0.06 during trading on Friday, reaching $3.25. 5,021 shares of the stock were exchanged, compared to its average volume of 29,563. Puma has a 1 year low of $1.71 and a 1 year high of $3.46. The stock’s fifty day moving average is $3.11 and its 200 day moving average is $2.80.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.