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

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 11,013 shares, a decline of 96.3% from the July 30th total of 299,881 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 585,527 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Pernod Ricard from a “hold” rating to a “strong sell” rating in a research note 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. According to MarketBeat.com, Pernod Ricard presently has a consensus rating of “Hold”.

Pernod Ricard Trading Down 2.2%

OTCMKTS:PRNDY traded down $0.36 on Tuesday, hitting $15.66. 175,097 shares of the company’s stock were exchanged, compared to its average volume of 635,558. The firm has a 50-day moving average price of $15.15 and a 200-day moving average price of $15.68. The company has a current ratio of 2.33, a quick ratio of 0.83 and a debt-to-equity ratio of 0.72. Pernod Ricard has a 52 week low of $13.40 and a 52 week high of $23.95.

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.