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

Key Points

• Pernod Ricard's short interest decreased by 61.7% in August, dropping from 295,000 shares to a total of 113,000 shares by August 31st.
• The company recently declared a dividend yield of 374.0%, with a payment of $0.4302 issued to stockholders on August 22nd.
• As of the recent stock performance report, Pernod Ricard's stock is trading at $21.34, with a fifty-two week range between $18.80 and $31.25.

Pernod Ricard SA (OTC:PRNDY - ) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 113,000 shares, a decline of 61.7% from the August 15th total of 295,000 shares. Based on an average daily trading volume, of 592,200 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company's stock are sold short. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 592,200 shares, the days-to-cover ratio is currently 0.2 days.

Pernod Ricard Stock Performance

Shares of OTC:PRNDY opened at $21.34 on Friday. The firm's 50 day moving average price is $22.40 and its 200 day moving average price is $21.47. Pernod Ricard has a fifty-two week low of $18.80 and a fifty-two week high of $31.25. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.68.

Pernod Ricard Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 22nd. Stockholders of record on Wednesday, July 23rd were issued a $0.4302 dividend. This represents a dividend yield of 374.0%. The ex-dividend date was Tuesday, July 22nd.

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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