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Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Down 79.3% in April

Porsche Automobil logo with Auto/Tires/Trucks background

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 18,300 shares, a decline of 79.3% from the March 31st total of 88,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,474,600 shares, the short-interest ratio is presently 0.0 days.

Porsche Automobil Stock Performance

OTCMKTS POAHY traded up $0.05 during trading hours on Friday, reaching $4.10. The company's stock had a trading volume of 121,465 shares, compared to its average volume of 321,412. The company's 50-day moving average is $3.90 and its two-hundred day moving average is $3.84. Porsche Automobil has a 1-year low of $3.30 and a 1-year high of $5.47.

Analyst Ratings Changes

Several research firms have weighed in on POAHY. DZ Bank cut Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Berenberg Bank downgraded Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Hsbc Global Res raised shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group lowered Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, January 14th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

Check Out Our Latest Analysis on Porsche Automobil

About Porsche Automobil

(Get Free Report)

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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