Short Interest in Pandora A/S (OTCMKTS:PANDY) Decreases By 42.4%

Pandora A/S (OTCMKTS:PANDY) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 6,800 shares, a drop of 42.4% from the September 15th total of 11,800 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is presently 0.9 days.

Pandora A/S Trading Up 0.7 %

OTCMKTS:PANDY traded up $0.26 on Friday, hitting $39.27. 4,339 shares of the company’s stock traded hands, compared to its average volume of 5,738. The firm has a 50-day moving average price of $41.26 and a 200-day moving average price of $40.07. Pandora A/S has a 1 year low of $27.70 and a 1 year high of $44.92.

Pandora A/S (OTCMKTS:PANDY) last announced its quarterly earnings results on Monday, August 12th. The company reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. The company had revenue of $977.04 million during the quarter.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Pandora A/S to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Pandora A/S Company Profile

Pandora A/S engages in the design, manufacture, and marketing of hand-finished and contemporary jewelry. The company operates in two segments, Core and Fuel With More. It offers charms, bracelets, rings, earrings, necklaces, and pendants. The company sells its products through physical stores, online stores, and wholesale and third-party distribution in Denmark, the United States, China, the United Kingdom, Italy, Australia, France, Germany, Spain, Mexico, and internationally.