Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Down 86.8% in December

Porsche Automobil Holding SE (OTCMKTS:POAHY) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 4,200 shares, a decrease of 86.8% from the November 30th total of 31,800 shares. Based on an average trading volume of 1,537,100 shares, the short-interest ratio is presently 0.0 days.

Porsche Automobil Trading Up 2.2 %

Shares of POAHY stock traded up $0.08 during trading hours on Friday, hitting $3.73. 1,094,683 shares of the company were exchanged, compared to its average volume of 364,175. Porsche Automobil has a 1 year low of $3.47 and a 1 year high of $5.58. The firm has a fifty day moving average of $3.80 and a 200 day moving average of $4.23. The company has a current ratio of 15.57, a quick ratio of 8.63 and a debt-to-equity ratio of 0.13.

Analyst Upgrades and Downgrades

POAHY has been the subject of several research reports. Citigroup raised Porsche Automobil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 23rd. Barclays lowered shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. Finally, UBS Group downgraded shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Monday, December 9th.

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.