Short Interest in Prada S.p.A. (OTCMKTS:PRDSY) Declines By 62.5%

Prada S.p.A. (OTCMKTS:PRDSY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 62.5% from the February 28th total of 800 shares. Based on an average daily trading volume, of 20,700 shares, the short-interest ratio is currently 0.0 days.

Prada Stock Up 2.0 %

PRDSY stock traded up $0.29 during trading on Friday, reaching $14.56. 17,350 shares of the stock were exchanged, compared to its average volume of 6,658. The stock has a 50 day simple moving average of $16.10 and a 200-day simple moving average of $15.24. Prada has a twelve month low of $12.56 and a twelve month high of $18.00.

Prada Company Profile

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.