Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSY) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,808 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 11,036 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Zacks Research raised Puma to a “hold” rating in a research report on Tuesday, June 9th. Citigroup upgraded shares of Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Santander assumed coverage on Puma in a report on Friday, June 26th. They set a “neutral” rating for the company. Finally, HSBC upgraded Puma to a “buy” rating in a research note on Tuesday, June 16th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Puma presently has a consensus rating of “Hold”.

Puma Stock Down 1.5%

PUMSY stock opened at $2.92 on Tuesday. The business has a fifty day moving average price of $3.12 and a 200 day moving average price of $2.89. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.