Prada S.p.A. (OTCMKTS:PRDSY) Short Interest Update

Prada S.p.A. (OTCMKTS:PRDSY) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 1,800 shares, a decrease of 69.5% from the January 31st total of 5,900 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Ratings Changes

Separately, Bank of America raised shares of Prada from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 19th.

Prada Trading Down 0.6 %

Shares of PRDSY traded down $0.10 during midday trading on Friday, reaching $17.30. 1,305 shares of the company were exchanged, compared to its average volume of 5,389. The stock has a 50-day moving average price of $16.31 and a 200-day moving average price of $15.05. Prada has a 1-year low of $12.56 and a 1-year high of $18.00.

Prada Company Profile

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.