Prada S.p.A. (OTCMKTS:PRDSY) Short Interest Update

Prada S.p.A. (OTCMKTS:PRDSY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 2,500 shares, an increase of 19.0% from the September 30th total of 2,100 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.6 days.

Prada Price Performance

Shares of Prada stock traded down $0.12 on Wednesday, reaching $14.51. The stock had a trading volume of 29,928 shares, compared to its average volume of 5,274. Prada has a fifty-two week low of $10.15 and a fifty-two week high of $17.05. The business’s 50-day moving average price is $13.92 and its two-hundred day moving average price is $14.77.

About Prada

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.