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Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY) Sees Large Increase in Short Interest

Pop Mart International Group logo with Consumer Cyclical background

Key Points

  • Pop Mart International Group experienced a **31.6% increase in short interest** in August, totaling 25,400 shares compared to the previous month.
  • Zacks Research has recently upgraded Pop Mart's shares to a **"hold" rating**, with the stock currently having an average rating of "Hold".
  • The stock price of Pop Mart International Group opened at **$37.03**, showing a significant range with a 1-year low of $11.00 and a high of $44.68.
  • Interested in Pop Mart International Group? Here are five stocks we like better.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 25,400 shares, an increase of 31.6% from the July 31st total of 19,300 shares. Based on an average trading volume of 33,900 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 33,900 shares, the days-to-cover ratio is presently 0.7 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Pop Mart International Group to a "hold" rating in a report on Tuesday, August 12th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of "Hold".

Read Our Latest Stock Analysis on PMRTY

Pop Mart International Group Price Performance

Shares of PMRTY traded up $0.32 during mid-day trading on Thursday, hitting $35.32. 22,969 shares of the company's stock were exchanged, compared to its average volume of 43,254. Pop Mart International Group has a fifty-two week low of $11.00 and a fifty-two week high of $44.68.

Pop Mart International Group Company Profile

(Get Free Report)

Pop Mart International Group Limited is an investment holding company engages in the design, development and sale of pop toys principally in the People's Republic of China, Hong Kong, Macao, Taiwan and internationally. The company offers blind boxes. Pop Mart International Group Limited is based in Beijing, the People's Republic of China.

Further Reading

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