Puma Se (OTCMKTS:PUMSY) Short Interest Update
by Tristan Rich · The Markets DailyPuma Se (OTCMKTS:PUMSY – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 648 shares, a drop of 50.0% from the May 14th total of 1,296 shares. Based on an average daily volume of 54,209 shares, the short-interest ratio is presently 0.0 days.
Puma Price Performance
Shares of Puma stock opened at $3.20 on Friday. Puma has a 12 month low of $1.71 and a 12 month high of $3.46. The business has a fifty day simple moving average of $2.97 and a two-hundred day simple moving average of $2.67.
Wall Street Analyst Weigh In
PUMSY has been the subject of a number of research reports. Citigroup raised shares of Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Zacks Research raised Puma to a “hold” rating in a research report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Report on Puma
About Puma
Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.
Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.