Prada S.p.A. (OTCMKTS:PRDSY) Short Interest Up 123.5% in August

Prada S.p.A. (OTCMKTS:PRDSY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 3,800 shares, a growth of 123.5% from the August 15th total of 1,700 shares. Based on an average daily trading volume, of 54,600 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 54,600 shares, the days-to-cover ratio is currently 0.1 days.

Prada Price Performance

Shares of OTCMKTS:PRDSY traded down $0.48 during midday trading on Monday, hitting $11.38. The stock had a trading volume of 87,075 shares, compared to its average volume of 19,186. Prada has a 12 month low of $10.12 and a 12 month high of $18.00. The business’s 50-day simple moving average is $11.52 and its 200-day simple moving average is $12.72.

Prada Company Profile

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.