Short Interest in Prada S.p.A. (OTCMKTS:PRDSY) Drops By 62.5%

Prada S.p.A. (OTCMKTS:PRDSY) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 300 shares, a drop of 62.5% from the February 28th total of 800 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is currently 0.0 days.

Prada Stock Up 2.0 %

Shares of PRDSY traded up $0.29 on Friday, hitting $14.56. The company’s stock had a trading volume of 17,350 shares, compared to its average volume of 6,658. Prada has a fifty-two week low of $12.56 and a fifty-two week high of $18.00. The company has a 50 day moving average price of $16.10 and a 200 day moving average price of $15.24.

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.