Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY) Sees Significant Increase in Short Interest

Key Points

• Short interest in Pop Mart International Group Limited surged by 46.2% in July, reaching a total of 19,300 shares by July 31st.
• Zacks Research has upgraded the stock's rating to "hold," aligning with the average rating for Pop Mart International Group.
• The stock price saw a decline of $0.1250 on Tuesday, trading at $36.2550, with a 1-year trading range between $11.00 and $39.74.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 19,300 shares, anincreaseof46.2% from the July 15th total of 13,200 shares. Based on an average trading volume of 30,100 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 30,100 shares, the days-to-cover ratio is presently 0.6 days.

Pop Mart International Group Trading Up 4.0%

OTCMKTS:PMRTY traded up $1.61 on Friday, hitting $42.34. The stock had a trading volume of 65,742 shares, compared to its average volume of 30,210. Pop Mart International Group has a 1 year low of $11.00 and a 1 year high of $42.58.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Pop Mart International Group to a "hold" rating in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Pop Mart International Group Company Profile

Pop Mart International Group Limited is an investment holding company engages in the design, development and sale of pop toys principally in the People's Republic of China, Hong Kong, Macao, Taiwan and internationally. The company offers blind boxes. Pop Mart International Group Limited is based in Beijing, the People's Republic of China.