Short Interest in Pernod Ricard SA (OTC:PRNDY) Declines By 39.9%

Key Points

• Short interest in Pernod Ricard SA declined by 39.9% in September, dropping from 113,000 shares to 67,900 shares as of September 15th.
• The company's stock recently traded at $19.76, showing a 12-month low of $18.80 and a high of $29.20.
• Pernod Ricard recently paid a dividend of $0.4302, yielding a remarkable 374.0%.

Pernod Ricard SA (OTC:PRNDY - ) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 67,900 shares, a drop of 39.9% from the August 31st total of 113,000 shares. Based on an average daily volume of 636,800 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 636,800 shares, the days-to-cover ratio is presently 0.1 days.

Pernod Ricard Stock Performance

Shares of Pernod Ricard stock traded up $0.21 during trading hours on Friday, hitting $19.76. 265,774 shares of the company's stock traded hands, compared to its average volume of 415,292. Pernod Ricard has a 12-month low of $18.80 and a 12-month high of $29.20. The company has a fifty day simple moving average of $21.84 and a 200-day simple moving average of $21.33. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68.

Pernod Ricard Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 22nd. Investors of record on Wednesday, July 23rd were issued a $0.4302 dividend. The ex-dividend date of this dividend was Tuesday, July 22nd. This represents a yield of 374.0%.

About Pernod Ricard

Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P.

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