Pandora A/S (OTCMKTS:PANDY) Sees Significant Growth in Short Interest

Pandora A/S (OTCMKTS:PANDY) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 11,600 shares, a growth of 673.3% from the October 31st total of 1,500 shares. Based on an average trading volume of 16,300 shares, the short-interest ratio is presently 0.7 days.

Pandora A/S Stock Up 1.1 %

OTCMKTS:PANDY traded up $0.44 during trading hours on Wednesday, hitting $39.75. 3,976 shares of the company were exchanged, compared to its average volume of 6,180. Pandora A/S has a one year low of $32.85 and a one year high of $44.92. The company has a fifty day simple moving average of $39.32 and a 200 day simple moving average of $39.79.

Analyst Ratings Changes

Separately, Citigroup raised Pandora A/S to a “strong-buy” rating in a research report on Wednesday, October 2nd.

Pandora A/S Company Profile

Pandora A/S engages in the design, manufacture, and marketing of hand-finished and contemporary jewelry. The company operates in two segments, Core and Fuel With More. It offers charms, bracelets, rings, earrings, necklaces, and pendants. The company sells its products through physical stores, online stores, and wholesale and third-party distribution in Denmark, the United States, China, the United Kingdom, Italy, Australia, France, Germany, Spain, Mexico, and internationally.