Kering SA (OTCMKTS:PPRUY) Sees Significant Growth in Short Interest

Key Points

• Short interest surged 63.2% in March to 93,882 shares, producing a short‑interest ratio of 0.3 days based on average daily volume of 359,325 shares.
• Analyst sentiment is mixed with a consensus rating of Reduce (1 Buy, 5 Hold, 3 Sell) after recent moves including upgrades from Sanford C. Bernstein and DZ Bank and a downgrade from Zacks.
• Shares trade around $28.46, below the 50‑day ($31.27) and 200‑day ($33.54) moving averages, inside a 12‑month range of $17.02–$40.70; the company has a current ratio of 1.39 and debt/equity of 0.66.

Kering SA (OTCMKTS:PPRUY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 93,882 shares, a growth of 63.2% from the February 26th total of 57,509 shares. Based on an average daily trading volume, of 359,325 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Kering Price Performance

Shares of PPRUY stock opened at $28.46 on Friday. Kering has a 12 month low of $17.02 and a 12 month high of $40.70. The stock has a 50 day moving average of $31.27 and a 200-day moving average of $33.54. The company has a current ratio of 1.39, a quick ratio of 0.92 and a debt-to-equity ratio of 0.66.

Analyst Ratings Changes

A number of research analysts have recently commented on PPRUY shares. Sanford C. Bernstein raised Kering from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 4th. Morgan Stanley restated an "overweight" rating on shares of Kering in a report on Friday, February 6th. Citigroup reiterated a "neutral" rating on shares of Kering in a report on Tuesday, January 13th. Zacks Research cut shares of Kering from a "hold" rating to a "strong sell" rating in a research note on Thursday, March 19th. Finally, DZ Bank raised shares of Kering from a "strong sell" rating to a "hold" rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce".

About Kering

Kering is a global luxury goods group headquartered in Paris that designs, produces and distributes high-end fashion, leather goods, jewelry and watches. The company owns and manages a portfolio of well-known maisons — including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and several specialist jewelry and watchmakers — and supports those brands with centralized services for sourcing, manufacturing oversight, distribution and retail operations.

Originally part of a broader retail conglomerate, the group repositioned itself over the past two decades as a focused luxury house and adopted the Kering name in the 2010s.

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