Puma Se (OTCMKTS:PUMSY) Short Interest Update

Puma Se (OTCMKTS:PUMSY) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,808 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 11,036 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. HSBC raised Puma to a “buy” rating in a research report on Tuesday, June 16th. Zacks Research raised Puma to a “hold” rating in a research note on Tuesday, June 9th. Citigroup raised Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Finally, Santander initiated coverage on shares of Puma in a research report on Friday, June 26th. They set a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Puma Stock Performance

Shares of PUMSY opened at $2.97 on Monday. The firm’s fifty day simple moving average is $3.12 and its 200-day simple moving average is $2.89. Puma has a twelve month low of $1.71 and a twelve month high of $3.46.

Puma Company Profile

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.