Pernod Ricard SA (OTCMKTS:PRNDY) Stock Short Interest Report for October

Pernod Ricard SA (OTCMKTS:PRNDY) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 568,998 shares, a growth of 590.9% from the October 15th total of 82,361 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 942,825 shares, the short-interest ratio is presently 0.6 days.

Pernod Ricard Price Performance

Shares of Pernod Ricard stock opened at $16.19 on Wednesday. Pernod Ricard has a 52 week low of $12.95 and a 52 week high of $20.72. The company has a current ratio of 2.47, a quick ratio of 0.78 and a debt-to-equity ratio of 0.73. The company’s 50-day moving average price is $14.38 and its two-hundred day moving average price is $15.44.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Pernod Ricard from a “strong sell” rating to a “hold” rating in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Pernod Ricard Company Profile

Pernod Ricard is a French beverage company that produces and markets spirits and champagne. Formed in 1975 through the merger of Pernod and Ricard, the company is headquartered in Paris. Its portfolio includes whiskey, vodka, gin, rum, cognac, anise-based spirits and champagne. Well-known brands include Jameson, Chivas Regal, Ballantine’s, Absolut, Beefeater, Martell, Havana Club, Malibu, Mumm and Perrier-Jouët. Pernod Ricard serves consumers in markets around the world through a network of local subsidiaries and distribution partners.