Prada S.p.A. (OTCMKTS:PRDSY) Short Interest Update
by Renee Jackson · The Cerbat GemPrada S.p.A. (OTCMKTS:PRDSY – Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 9,803 shares, a drop of 62.6% from the March 31st total of 26,236 shares. Based on an average daily volume of 37,427 shares, the days-to-cover ratio is currently 0.3 days.
Prada Stock Performance
Shares of OTCMKTS PRDSY opened at $9.53 on Monday. Prada has a fifty-two week low of $9.10 and a fifty-two week high of $14.31. The business has a 50 day moving average price of $10.02 and a two-hundred day moving average price of $10.93.
Wall Street Analyst Weigh In
Separately, Barclays assumed coverage on Prada in a research note on Tuesday, January 13th. They set an “overweight” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Prada currently has an average rating of “Moderate Buy”.
View Our Latest Stock Analysis on Prada
About Prada
Prada S.p.A. is an Italian luxury fashion house renowned for its high-end leather goods, ready-to-wear collections and accessories. Founded in 1913 by Mario Prada in Milan, the company has built a reputation for craftsmanship and understated elegance. Its product portfolio spans handbags, small leather goods, footwear, eyewear and fragrances, all designed to reflect a blend of traditional techniques and contemporary sensibilities.
The company distributes its products through a network of directly operated boutiques, franchise stores and e-commerce platforms.