Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Sees Significant Increase in Short Interest

Key Points

• Porsche Automobil Holding SE experienced a remarkable increase in short interest, rising by 1,192.0% from 5,000 to 64,600 shares between September 15th and September 30th.
• The company's stock is currently trading at $3.89, experiencing a slight increase of 0.6% during the latest trading session.
• Porsche has shown resilience with strong liquidity ratios, indicated by a quick ratio and current ratio of 2.12, and a low debt-to-equity ratio of 0.19.

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY - ) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 64,600 shares, a growth of 1,192.0% from the September 15th total of 5,000 shares. Based on an average trading volume of 460,200 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 460,200 shares, the days-to-cover ratio is presently 0.1 days.

Porsche Automobil Trading Up 0.6%

Shares of Porsche Automobil stock traded up $0.02 during trading hours on Thursday, hitting $3.89. The company's stock had a trading volume of 194,659 shares, compared to its average volume of 229,887. Porsche Automobil has a 12 month low of $3.30 and a 12 month high of $4.39. The stock has a 50 day moving average of $4.08 and a 200 day moving average of $3.98. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.19.

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.

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