Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 183,286 shares, a growth of 87.8% from the August 15th total of 97,590 shares. Based on an average daily trading volume, of 149,566 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the shares of the company are short sold.
Pop Mart International Group Trading Up 1.3%
Shares of OTCMKTS:PMRTY traded up $0.24 during mid-day trading on Thursday, reaching $19.48. The company had a trading volume of 11,592 shares, compared to its average volume of 42,222. Pop Mart International Group has a one year low of $17.75 and a one year high of $37.00. The company’s 50-day moving average price is $19.88 and its 200-day moving average price is $21.03.
Analyst Ratings Changes
PMRTY has been the subject of a number of research analyst reports. Zacks Research downgraded Pop Mart International Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 31st. Jefferies Financial Group downgraded Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.
Pop Mart International Group Company Profile
Pop Mart International Group Ltd. is a China-based company that designs, develops and sells collectible designer toys and related products. Its offerings include figurines, plush toys, accessories and other merchandise, with products often distributed through blind-box packaging that creates a randomized purchasing experience.
The company develops its own intellectual property and collaborates with artists and other rights holders to create character-based product lines. Its portfolio has included popular brands and characters such as Molly, Skullpanda, Dimoo, Crybaby, Hirono and The Monsters, which features the Labubu character.
Further Reading
- Five stocks we like better than Pop Mart International Group
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
- Apple Is Quietly Building an AI Advantage Few Expected
- How Serious Is the Regulatory Threat Now Facing Tesla’s Cybercab?
- Can ServisFirst Keep Delivering?
Receive News & Ratings for Pop Mart International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pop Mart International Group and related companies with MarketBeat.com's FREE daily email newsletter.
