Short Interest in Kering SA (OTCMKTS:PPRUY) Increases By 68.4%

Kering SA (OTCMKTS:PPRUY - Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 121,600 shares, a growth of 68.4% from the April 30th total of 72,200 shares. Based on an average trading volume of 562,400 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company's stock are short sold.

Kering Stock Up 0.2%

Shares of OTCMKTS:PPRUY traded up $0.03 on Monday, reaching $19.65. 256,341 shares of the company's stock were exchanged, compared to its average volume of 382,791. The business's 50-day moving average is $19.66 and its two-hundred day moving average is $23.26. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70. Kering has a fifty-two week low of $17.02 and a fifty-two week high of $37.19.

Kering Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 22nd. Investors of record on Monday, May 5th were given a dividend of $0.3048 per share. This represents a dividend yield of 2.11%. The ex-dividend date was Friday, May 2nd. This is an increase from Kering's previous dividend of $0.21.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on PPRUY shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Kering in a research note on Thursday, April 24th. Kepler Capital Markets upgraded Kering from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 26th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Kering currently has an average rating of "Hold".

About Kering

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.