Short Interest in Puma Se (OTCMKTS:PUMSY) Decreases By 57.9%

Puma Se (OTCMKTS:PUMSY) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 1,296 shares, a drop of 57.9% from the April 30th total of 3,082 shares. Based on an average daily trading volume, of 32,490 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “neutral” rating on shares of Puma in a research note on Friday, April 10th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Puma Price Performance

Shares of OTCMKTS:PUMSY traded down $0.10 during midday trading on Friday, hitting $3.33. The stock had a trading volume of 5,548 shares, compared to its average volume of 36,032. Puma has a 12 month low of $1.71 and a 12 month high of $3.46. The business’s 50-day simple moving average is $2.83 and its 200-day simple moving average is $2.58.

Puma Company Profile

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.