Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Up 300.6% in June

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 264,719 shares, an increase of 300.6% from the June 15th total of 66,073 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 994,604 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Pernod Ricard Price Performance

OTCMKTS:PRNDY traded up $0.04 during trading hours on Monday, hitting $14.70. 209,620 shares of the company’s stock traded hands, compared to its average volume of 697,990. Pernod Ricard has a twelve month low of $13.40 and a twelve month high of $24.13. The company has a quick ratio of 0.83, a current ratio of 2.33 and a debt-to-equity ratio of 0.72. The stock’s fifty day moving average price is $14.66 and its two-hundred day moving average price is $16.15.

About Pernod Ricard

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.