Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Short Interest Up 2,415.6% in June

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 358,700 shares, a growth of 2,415.6% from the June 15th total of 14,259 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 922,763 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Pan Pacific International to a “hold” rating in a research note on Wednesday, April 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Pan Pacific International has a consensus rating of “Hold”.

Pan Pacific International Stock Performance

OTCMKTS:DQJCY traded up $0.11 during midday trading on Friday, reaching $10.79. 125,968 shares of the stock traded hands, compared to its average volume of 315,954. The stock has a market capitalization of $17.14 billion and a P/E ratio of 0.01. Pan Pacific International has a 12 month low of $9.38 and a 12 month high of $15.97. The company has a fifty day moving average of $10.59 and a 200 day moving average of $11.65.

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.