Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Update

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 81,200 shares, an increase of 254.6% from the February 28th total of 22,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 483,700 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

POAHY has been the subject of a number of research analyst reports. UBS Group cut Porsche Automobil from a "hold" rating to a "strong sell" rating in a report on Monday, December 9th. Hsbc Global Res raised shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research note on Thursday, February 13th. Berenberg Bank cut shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Finally, The Goldman Sachs Group downgraded Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a report on Tuesday, January 14th. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Porsche Automobil has an average rating of "Hold".

Porsche Automobil Stock Performance

Porsche Automobil stock traded down $0.06 during trading hours on Monday, reaching $3.82. 310,317 shares of the company's stock traded hands, compared to its average volume of 263,630. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week high of $5.58. The firm's 50 day moving average is $3.93 and its 200-day moving average is $3.94.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.