Short Interest in Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Increases By 301.6%

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 412,312 shares, a growth of 301.6% from the April 30th total of 102,674 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 676,002 shares, the short-interest ratio is currently 0.6 days.

Porsche Automobil Stock Performance

POAHY opened at $3.76 on Friday. Porsche Automobil has a one year low of $3.45 and a one year high of $4.79. The company has a debt-to-equity ratio of 0.18, a current ratio of 9.94 and a quick ratio of 9.94. The stock’s fifty day moving average is $3.68 and its 200-day moving average is $4.07.

About Porsche Automobil

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.