Pernod Ricard SA (OTC:PRNDY) Sees Significant Decline in Short Interest

Key Points

• Pernod Ricard SA experienced a 68.9% decline in short interest, dropping from 67,900 shares to 21,100 shares as of September 30.
• The company's stock increased 3.7% to $20.86, with trading volume reaching 277,744 shares compared to an average of 416,478 shares.
• Pernod Ricard's financial metrics include a current ratio of 1.84 and a debt-to-equity ratio of 0.68, indicating manageable liquidity and leverage.

Pernod Ricard SA (OTC:PRNDY - ) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 21,100 shares, a decline of 68.9% from the September 15th total of 67,900 shares. Based on an average daily trading volume, of 580,100 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 580,100 shares, the days-to-cover ratio is currently 0.0 days.

Pernod Ricard Stock Up 3.7%

Shares of Pernod Ricard stock traded up $0.74 during mid-day trading on Friday, reaching $20.86. 277,744 shares of the stock were exchanged, compared to its average volume of 416,478. Pernod Ricard has a fifty-two week low of $18.80 and a fifty-two week high of $27.86. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68. The firm has a 50-day simple moving average of $21.45 and a 200 day simple moving average of $21.28.

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.

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