Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Stock Short Interest Declines 66.3%

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 16,923 shares, a decline of 66.3% from the September 15th total of 50,163 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,234,738 shares, the days-to-cover ratio is currently 0.0 days.

Pan Pacific International Trading Down 0.0%

Shares of OTCMKTS DQJCY traded down $0.00 during mid-day trading on Wednesday, hitting $8.89. 50,633 shares of the stock traded hands, compared to its average volume of 356,874. The stock has a fifty day moving average price of $9.80 and a 200-day moving average price of $10.59. Pan Pacific International has a 52 week low of $8.20 and a 52 week high of $14.76.

Hedge Funds Weigh In On Pan Pacific International

A hedge fund recently raised its position in Pan Pacific International stock. Madison Asset Management LLC grew its position in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 215,902 shares of the company’s stock after buying an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent SEC filing.

About Pan Pacific International

Pan Pacific International Holdings Corporation is a Japan-based retail group best known for operating the Don Quijote chain of discount stores. Its businesses offer a broad range of products, including groceries, household goods, consumer electronics, clothing, cosmetics, sporting goods and other general merchandise. The company also operates larger-format MEGA Don Quijote stores and maintains retail operations under the UNY and Apita brands.

The company traces its origins to the establishment of Just Co, Ltd.