Short Interest in Porsche Automobil Holding SE (OTCMKTS:POAHY) Increases By 483.9%

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 54,300 shares, an increase of 483.9% from the April 30th total of 9,300 shares. Based on an average daily trading volume, of 434,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several research firms have commented on POAHY. Hsbc Global Res upgraded Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research note on Thursday, February 13th. Berenberg Bank lowered Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Barclays upgraded Porsche Automobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Kepler Capital Markets lowered Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 15th. Finally, DZ Bank cut Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Porsche Automobil presently has an average rating of "Hold".

Porsche Automobil Stock Down 1.0%

Shares of Porsche Automobil stock traded down $0.04 during trading hours on Monday, reaching $3.91. 313,329 shares of the company were exchanged, compared to its average volume of 296,876. Porsche Automobil has a 1 year low of $3.30 and a 1 year high of $5.46. The stock's fifty day moving average is $3.92 and its 200 day moving average is $3.84.

Porsche Automobil Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 12th. Investors of record on Wednesday, May 28th will be issued a $0.112 dividend. This represents a yield of 2.69%. The ex-dividend date of this dividend is Tuesday, May 27th.

Porsche Automobil Company Profile

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.