Short Interest in Prada S.p.A. (OTCMKTS:PRDSY) Rises By 19.0%

Prada S.p.A. (OTCMKTS:PRDSY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 2,500 shares, a growth of 19.0% from the September 30th total of 2,100 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 0.6 days.

Prada Price Performance

Shares of OTCMKTS:PRDSY traded down $0.12 during trading on Wednesday, reaching $14.51. 29,928 shares of the company’s stock traded hands, compared to its average volume of 5,274. Prada has a fifty-two week low of $10.15 and a fifty-two week high of $17.05. The company has a 50-day simple moving average of $13.93 and a 200-day simple moving average of $14.76.

About Prada

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.