Short Interest in Porsche Automobil Holding SE (OTCMKTS:POAHY) Expands By 254.6%

Porsche Automobil Holding SE (OTCMKTS:POAHYGet Free Report) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 81,200 shares, an increase of 254.6% from the February 28th total of 22,900 shares. Based on an average daily trading volume, of 483,700 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on POAHY shares. UBS Group downgraded Porsche Automobil from a “hold” rating to a “strong sell” rating in a research note on Monday, December 9th. The Goldman Sachs Group downgraded Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, January 14th. Berenberg Bank lowered shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, Hsbc Global Res raised shares of Porsche Automobil from a “moderate sell” rating to a “hold” rating in a report on Thursday, February 13th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Porsche Automobil presently has a consensus rating of “Hold”.

Read Our Latest Research Report on Porsche Automobil

Porsche Automobil Stock Down 1.5 %

POAHY opened at $3.82 on Friday. Porsche Automobil has a 12-month low of $3.47 and a 12-month high of $5.58. The stock’s 50 day moving average price is $3.93 and its two-hundred day moving average price is $3.94.

Porsche Automobil Company Profile

(Get Free Report)

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.

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