Pan Pacific International Holdings Co. (OTCMKTS:DQJCF – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 6,518,888 shares, an increase of 68.0% from the July 15th total of 3,879,319 shares. Based on an average trading volume of 2,806 shares, the short-interest ratio is currently 2,323.2 days.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein assumed coverage on Pan Pacific International in a research note on Tuesday, May 26th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Pan Pacific International currently has a consensus rating of “Buy”.
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Pan Pacific International Stock Performance
Pan Pacific International Company Profile
Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.
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