Pan Pacific International (OTCMKTS:DQJCY) Stock Price Down 13.4% – Here’s What Happened

Pan Pacific International Holdings Co. (OTCMKTS:DQJCY)’s stock price dropped 13.4% on Wednesday . The stock traded as low as $9.93 and last traded at $10.3250. Approximately 206 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 299,911 shares. The stock had previously closed at $11.92.

Pan Pacific International Stock Down 1.4%

The firm’s 50 day moving average price is $10.78 and its two-hundred day moving average price is $11.51.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Pan Pacific International stock. Madison Asset Management LLC increased its holdings in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY) by 14.4% in the 2nd quarter, according to its most recent disclosure 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 quarter.

About Pan Pacific International

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.