Pernod Ricard SA (OTC:PRNDY) Short Interest Update

Key Points

• Pernod Ricard SA experienced a significant increase in short interest, rising 53.6% in August, with a total of 295,000 shares short as of August 15th.
• The company's stock price is currently at $22.59, with a twelve-month low of $18.80 and a high of $31.25.
• Pernod Ricard recently announced a dividend payment of $0.4302 per share, reflecting a hefty yield of 374.0%.

Pernod Ricard SA (OTC:PRNDY - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 295,000 shares, a growth of 53.6% from the July 31st total of 192,100 shares. Based on an average trading volume of 855,400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 855,400 shares, the days-to-cover ratio is presently 0.3 days.

Pernod Ricard Trading Down 1.0%

OTC PRNDY traded down $0.21 on Friday, hitting $21.33. 139,258 shares of the stock were exchanged, compared to its average volume of 425,466. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.68 and a current ratio of 1.84. The business's fifty day moving average is $22.39 and its 200 day moving average is $21.47. Pernod Ricard has a 52 week low of $18.80 and a 52 week high of $31.25.

Pernod Ricard Cuts Dividend

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

About Pernod Ricard

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.