Porsche Automobil Holding SE (OTCMKTS:POAHY – Get Free Report) 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.
Read Our Latest Report on POAHY
Porsche Automobil Stock Up 2.2 %
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.
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