Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 64,969 shares, a growth of 23.6% from the November 30th total of 52,578 shares. Based on an average daily volume of 267,586 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 267,586 shares, the days-to-cover ratio is currently 0.2 days.
Analyst Ratings Changes
POAHY has been the subject of several recent research reports. UBS Group raised Porsche Automobil from a “sell” rating to a “neutral” rating in a research report on Tuesday, November 4th. The Goldman Sachs Group raised shares of Porsche Automobil to a “hold” rating in a report on Monday, November 24th. Seven research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
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Porsche Automobil Stock Down 1.1%
Porsche Automobil Company Profile
Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.
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