Pan Pacific International (OTCMKTS:DQJCY) Stock Price Up 4.9% – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s stock price shot up 4.9% on Monday. The company traded as high as $9.90 and last traded at $9.90. 58 shares were traded during trading, a decline of 100% from the average session volume of 356,621 shares. The stock had previously closed at $9.44.

Pan Pacific International Trading Up 2.3%

The firm’s 50 day moving average price is $9.43 and its two-hundred day moving average price is $10.43.

Hedge Funds Weigh In On Pan Pacific International

A hedge fund recently raised its position in Pan Pacific International stock. Madison Asset Management LLC raised its position in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 at the end of the most recent reporting period.

About Pan Pacific International

Pan Pacific International Holdings Corporation is a Japan-based retail company best known for operating the Don Quijote chain of discount stores. Its stores offer a broad assortment of groceries, household goods, consumer electronics, apparel, cosmetics, toys and other general merchandise, often through a high-volume, value-oriented retail format.

The company also operates UNY general merchandise stores and specialty retail formats, including the DON DON DONKI brand focused on Japanese products and food.