Kering SA (OTCMKTS:PPRUY) Short Interest Down 22.8% in April
Kering SA (OTCMKTS:PPRUY) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 28,500 shares, a decline of 22.8% from the March 31st total of 36,900 shares. Based on an average daily volume of 72,700 shares, the days-to-cover ratio is currently 0.4 days.
Shares of PPRUY stock opened at $81.05 on Tuesday. The company’s fifty day simple moving average is $73.38 and its 200-day simple moving average is $69.54. The company has a quick ratio of 0.65, a current ratio of 1.06 and a debt-to-equity ratio of 0.41. The firm has a market cap of $101.33 billion, a PE ratio of 27.47 and a beta of 0.77. Kering has a 12 month low of $43.70 and a 12 month high of $81.22.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, May 21st. Stockholders of record on Monday, May 3rd will be given a $0.501 dividend. This represents a dividend yield of 1.87%. The ex-dividend date is Friday, April 30th. Kering’s payout ratio is presently 14.58%.
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; and jewelry and watches, as well as ready-to-wear products for men and women.
Featured Article: How to use beta for portfolio diversification
Receive News & Ratings for Kering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kering and related companies with MarketBeat.com's FREE daily email newsletter.