Porsche Automobil Holding SE (OTCMKTS:POAHY – Get 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 %
Porsche Automobil Company Profile
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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