Porsche Automobil Holding SE (OTCMKTS:POAHY) Short Interest Up 7,526.2% in December

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 320,300 shares, an increase of 7,526.2% from the December 15th total of 4,200 shares. Based on an average daily trading volume, of 1,433,600 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Several research analysts have weighed in on POAHY shares. Citigroup raised Porsche Automobil from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 23rd. Barclays downgraded Porsche Automobil from a "hold" rating to a "strong sell" rating in a research note on Thursday, October 3rd. Finally, UBS Group cut Porsche Automobil from a "hold" rating to a "strong sell" rating in a research note on Monday, December 9th.

Porsche Automobil Stock Performance

Porsche Automobil stock traded up $0.04 during trading hours on Monday, reaching $3.64. 454,350 shares of the company's stock were exchanged, compared to its average volume of 481,093. The firm's 50 day simple moving average is $3.69 and its 200 day simple moving average is $4.14. Porsche Automobil has a twelve month low of $3.47 and a twelve month high of $5.58. The company has a debt-to-equity ratio of 0.13, a quick ratio of 8.63 and a current ratio of 15.57.

Porsche Automobil Company Profile

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.