Pan Pacific International (OTCMKTS:DQJCY) Sees Unusually-High Trading Volume – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) shares saw an uptick in trading volume on Wednesday . Approximately 885,461 shares changed hands during trading, an increase of 186% from the previous session’s volume of 310,140 shares.The stock last traded at $9.6150 and had previously closed at $9.55.

Pan Pacific International Stock Up 0.6%

The business’s 50 day simple moving average is $10.74 and its 200 day simple moving average is $11.38.

Institutional Trading of Pan Pacific International

A hedge fund recently raised its position in Pan Pacific International stock. Madison Asset Management LLC boosted its stake in shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the quarter. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent filing with the Securities and Exchange Commission.

About Pan Pacific International

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.