Prada S.p.A. (OTCMKTS:PRDSF) Short Interest Down 54.5% in March

Prada S.p.A. (OTCMKTS:PRDSF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 20,700 shares, a decrease of 54.5% from the February 28th total of 45,500 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 5.0 days.

Prada Stock Performance

Shares of PRDSF traded down $0.04 during mid-day trading on Friday, hitting $7.02. The company’s stock had a trading volume of 1,625 shares, compared to its average volume of 4,340. The firm has a 50-day moving average price of $8.04 and a 200 day moving average price of $7.55. Prada has a fifty-two week low of $6.31 and a fifty-two week high of $9.32.

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.