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

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 22,900 shares, a drop of 82.2% from the February 13th total of 129,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 464,700 shares, the days-to-cover ratio is currently 0.0 days.

Porsche Automobil Price Performance

POAHY stock traded up $0.00 during trading on Friday, hitting $4.08. The company had a trading volume of 112,324 shares, compared to its average volume of 279,586. The company has a fifty day moving average price of $3.86 and a two-hundred day moving average price of $3.97. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week high of $5.58.

Analysts Set New Price Targets

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

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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.