Short Interest in Pernod Ricard SA (OTCMKTS:PRNDY) Grows By 770.4%

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 406,921 shares, an increase of 770.4% from the April 30th total of 46,753 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,778,437 shares, the short-interest ratio is currently 0.2 days.

Pernod Ricard Stock Performance

PRNDY stock opened at $14.75 on Friday. The company’s 50 day moving average price is $14.94 and its 200 day moving average price is $16.92. Pernod Ricard has a fifty-two week low of $13.40 and a fifty-two week high of $24.13.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Pernod Ricard from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Pernod Ricard presently has a consensus rating of “Hold”.

Pernod Ricard Company Profile

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P. Wiser's, Jacob's Creek, Jameson, Jefferson's, Kahlúa, Kenwood, KI NO BI, Lillet, Long John, L'Orbe, Lot No.