Pernod Ricard SA (OTC:PRNDY) Short Interest Up 53.6% in August

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 - ) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totaling 295,000 shares, agrowthof53.6% from the July 31st total of 192,100 shares. Based on an average daily volume of 855,400 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 855,400 shares, the days-to-cover ratio is currently 0.3 days.

Pernod Ricard Stock Down 0.0%

OTC:PRNDY traded down $0.01 during mid-day trading on Friday, hitting $22.59. 115,050 shares of the company's stock traded hands, compared to its average volume of 425,768. Pernod Ricard has a twelve month low of $18.80 and a twelve month high of $31.25. 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 company has a fifty day moving average of $22.31 and a 200 day moving average of $21.44.

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 issued a dividend of $0.4302 per share. The ex-dividend date 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.

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