Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Up 41.6% in May

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 76,900 shares, a growth of 41.6% from the May 15th total of 54,300 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 293,300 shares, the short-interest ratio is presently 0.3 days.

Porsche Automobil Trading Down 1.8%

Shares of POAHY stock traded down $0.07 during trading hours on Monday, hitting $3.85. 363,496 shares of the company's stock were exchanged, compared to its average volume of 288,112. The firm has a 50 day moving average of $3.96 and a two-hundred day moving average of $3.86. Porsche Automobil has a fifty-two week low of $3.30 and a fifty-two week high of $4.72.

Porsche Automobil Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 12th. Investors of record on Wednesday, May 28th were given a dividend of $0.112 per share. This represents a yield of 2.69%. The ex-dividend date was Tuesday, May 27th.

Wall Street Analyst Weigh In

POAHY has been the subject of a number of analyst reports. Kepler Capital Markets cut shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 15th. Barclays raised Porsche Automobil from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, DZ Bank lowered Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.

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