Pigeon Corp (OTCMKTS:PGENY) Sees Large Drop in Short Interest

Pigeon Corp (OTCMKTS:PGENY) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 731 shares, a decrease of 71.0% from the July 30th total of 2,520 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 522 shares, the days-to-cover ratio is presently 1.4 days.

Pigeon Stock Performance

Pigeon stock remained flat at $3.00 during midday trading on Thursday. The company’s stock had a trading volume of 6,551 shares, compared to its average volume of 144. The stock has a market cap of $1.44 billion, a P/E ratio of 25.00 and a beta of 0.13. The stock’s fifty day moving average is $3.12 and its 200-day moving average is $2.82. Pigeon has a one year low of $2.21 and a one year high of $3.50.

Pigeon (OTCMKTS:PGENY) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.04 EPS for the quarter. The business had revenue of $196.22 million for the quarter. Pigeon had a return on equity of 11.12% and a net margin of 8.01%. As a group, equities research analysts forecast that Pigeon will post 0.13 earnings per share for the current year.

About Pigeon

Pigeon Corporation (OTCMKTS:PGENY) is a Japan-based company specializing in the development, manufacture and sale of mother and baby care products. Founded in 1957, Pigeon has built a reputation for producing high-quality feeding and nursing supplies designed to support infant health and maternal comfort. The company’s product portfolio spans feeding bottles and nipples, pacifiers, breast pumps, and related accessories, emphasizing safety and ease of use backed by extensive research and development.

Beyond feeding and nursing equipment, Pigeon offers a range of baby skincare items, including gentle cleansers, lotions and diaper rash creams formulated to address the sensitive skin of infants.