Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSYGet Rating) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 1,000 shares, a drop of 44.4% from the April 15th total of 1,800 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is currently 0.1 days.

Shares of Puma stock opened at $6.83 on Friday. Puma has a 52-week low of $6.39 and a 52-week high of $13.13. The company has a 50 day moving average of $7.91 and a 200 day moving average of $10.16.

A number of equities research analysts have weighed in on PUMSY shares. Morgan Stanley dropped their price target on shares of Puma from €120.00 ($126.32) to €112.00 ($117.89) and set an “overweight” rating for the company in a research report on Friday, February 25th. UBS Group dropped their price objective on shares of Puma from €114.00 ($120.00) to €109.00 ($114.74) in a report on Wednesday, April 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Puma from €123.00 ($129.47) to €120.00 ($126.32) and set a “buy” rating for the company in a report on Monday, April 11th. JPMorgan Chase & Co. dropped their price objective on shares of Puma from €120.00 ($126.32) to €115.00 ($121.05) in a report on Monday, April 11th. Finally, Societe Generale dropped their price objective on shares of Puma from €122.00 ($128.42) to €121.00 ($127.37) in a report on Friday, February 25th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $111.17.

Puma Company Profile (Get Rating)

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, and the Asia Pacific. The company offers performance and sport-inspired lifestyle products in categories, such as football, cricket, handball, rugby, volleyball, running, training and fitness, golf, and motorsports.

Further Reading

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