Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Short Interest Down 51.1% in June

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 14,259 shares, a drop of 51.1% from the May 31st total of 29,162 shares. Based on an average daily trading volume, of 642,888 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Pan Pacific International to a “hold” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Pan Pacific International Trading Up 4.2%

OTCMKTS DQJCY traded up $0.41 during trading hours on Thursday, reaching $10.16. 88,983 shares of the company traded hands, compared to its average volume of 318,608. The company has a 50 day moving average of $10.72 and a two-hundred day moving average of $11.74. The stock has a market capitalization of $16.14 billion and a PE ratio of 0.01. Pan Pacific International has a 12 month low of $9.38 and a 12 month high of $15.97.

About Pan Pacific International

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.