Pernod Ricard SA (OTCMKTS:PRNDY) Short Interest Down 70.6% in May

Pernod Ricard SA (OTCMKTS:PRNDY) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 119,721 shares, a decline of 70.6% from the May 14th total of 406,921 shares. Based on an average daily volume of 1,165,766 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Zacks Research raised Pernod Ricard from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Pernod Ricard has an average rating of “Hold”.

Pernod Ricard Trading Up 0.4%

Shares of Pernod Ricard stock traded up $0.06 on Friday, reaching $14.72. 183,586 shares of the stock were exchanged, compared to its average volume of 503,299. Pernod Ricard has a 1-year low of $13.40 and a 1-year high of $24.13. The business has a fifty day moving average price of $14.88 and a two-hundred day moving average price of $16.61.

Pernod Ricard Company Profile

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.