Pernod Ricard SA (OTC:PRNDY) Sees Significant Decline in Short Interest

Get Pernod Ricard alerts:Pernod Ricard SA (OTC:PRNDY - Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 21,100 shares, a decline of 68.9% from the September 15th total of 67,900 shares. Based on an average daily trading volume, of 580,100 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 580,100 shares, the days-to-cover ratio is currently 0.0 days. Pernod Ricard Stock Up 3.7%Shares of Pernod Ricard stock traded up $0.74 during mid-day trading on Friday, reaching $20.86. 277,744 shares of the stock were exchanged, compared to its average volume of 416,478. Pernod Ricard has a fifty-two week low of $18.80 and a fifty-two week high of $27.86. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 0.68. The firm has a 50-day simple moving average of $21.45 and a 200 day simple moving average of $21.28. Pernod Ricard Company Profile (Get Free Report)Pernod Ricard SA produces and sells wines and spirits worldwide. The company offers whiskey, vodka, gin, rum, liqueur and bitters, champagne, tequila and mezcal, and aperitif under the brands 100 Pipers, Aberlour, Absolut, Absolut Elyx, Altos, ARARAT, Augier, Avion, Ballantine's, Becherovka, Beefeater, Blenders Pride, Brancott Estate, Campo Viejo, Ceder's, Chivas, Church Road, Clan Campbell, Del Maguey, George Wyndham, Green Spot, Havana Club, Imperial, Imperial Blue, Italicus, J.P.Featured ArticlesFive stocks we like better than Pernod RicardInvesting In Automotive StocksTesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?There Are Different Types of Stock To Invest InHedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?Conference Calls and Individual InvestorsHappy Third Birthday to the Bull MarketThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Pernod Ricard Right Now?Before you consider Pernod Ricard, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pernod Ricard wasn't on the list.While Pernod Ricard currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here