Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) Short Interest Up 534.9% in May

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 29,162 shares, a growth of 534.9% from the May 14th total of 4,593 shares. Based on an average daily volume of 521,776 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Pan Pacific International to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Pan Pacific International currently has an average rating of “Hold”.

Pan Pacific International Price Performance

Shares of DQJCY stock traded up $0.12 on Thursday, hitting $10.87. The company’s stock had a trading volume of 601,972 shares, compared to its average volume of 307,787. The stock has a market capitalization of $17.27 billion and a price-to-earnings ratio of 0.01. Pan Pacific International has a fifty-two week low of $9.49 and a fifty-two week high of $15.97. The firm’s fifty day moving average price is $11.27 and its 200-day moving average price is $11.92.

Pan Pacific International Company Profile

Pan Pacific International Holdings Corporation, together with its subsidiaries, operates retail stores. The company operates discount stores under the Don Quijote, MEGA Don Quijote, and MEGA Don Quijote UNY, and Nagasakiya names; and general merchandise stores under the Apita and Piago names. It is also involved in leasing space management; tenant leasing; real estate development; general wholesale; provision of logistic services and internet services; and development and procurement of products and control of production.