Puma Se (OTCMKTS:PUMSY) Short Interest Down 50.0% in May

Puma Se (OTCMKTS:PUMSY) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 648 shares, a decrease of 50.0% from the May 14th total of 1,296 shares. Based on an average daily volume of 54,209 shares, the days-to-cover ratio is presently 0.0 days.

Puma Trading Down 1.1%

PUMSY stock opened at $3.20 on Friday. The company has a 50 day simple moving average of $2.97 and a 200 day simple moving average of $2.67. Puma has a 1 year low of $1.71 and a 1 year high of $3.46.

Analyst Ratings Changes

A number of brokerages have issued reports on PUMSY. Zacks Research raised shares of Puma to a “hold” rating in a report on Tuesday. Citigroup upgraded Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold”.

About Puma

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.