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

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 82,361 shares, an increase of 166.4% from the September 30th total of 30,911 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,525,984 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Pernod Ricard presently has an average rating of “Hold”.

Pernod Ricard Stock Down 0.7%

Shares of PRNDY opened at $14.67 on Friday. Pernod Ricard has a 52 week low of $12.95 and a 52 week high of $20.72. The company has a current ratio of 2.47, a quick ratio of 0.78 and a debt-to-equity ratio of 0.73. The stock has a fifty day moving average of $14.34 and a 200-day moving average of $15.52.

Pernod Ricard Company Profile

Pernod Ricard is a France-based international beverage company that produces, distributes and markets a broad portfolio of wines and spirits. Its offerings include whiskey, vodka, rum, gin, cognac, champagne, sparkling wine, tequila, liqueurs and anise-flavored spirits.

The company’s brand portfolio includes Absolut vodka, Jameson Irish whiskey, Chivas Regal, Ballantine’s, Royal Salute and The Glenlivet Scotch whiskies, Martell cognac, Havana Club rum, Beefeater gin, Malibu, Mumm and Perrier-Jouët champagnes, and Ricard pastis.