Pernod Ricard SA (OTCMKTS:PRNDY) Sees Significant Growth in Short Interest

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 46,753 shares, a growth of 112.6% from the April 15th total of 21,995 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,397,102 shares, the short-interest ratio is presently 0.0 days.

Pernod Ricard Price Performance

Shares of Pernod Ricard stock traded up $0.04 during trading on Friday, reaching $14.34. 864,571 shares of the company’s stock were exchanged, compared to its average volume of 1,066,327. Pernod Ricard has a 1-year low of $13.40 and a 1-year high of $24.13. The firm’s 50-day moving average price is $15.21 and its 200 day moving average price is $17.25.

Analysts Set New Price Targets

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