Pan Pacific International (OTCMKTS:DQJCY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Get Free Report) saw unusually-strong trading volume on Monday. 485,097 shares changed hands during trading, an increase of 36% from the average daily volume of 356,283 shares. The stock last traded at $9.3760 and had previously closed at $9.3240.

Pan Pacific International Stock Up 0.8%

The business’s 50 day moving average price is $9.30 and its two-hundred day moving average price is $10.98.

Hedge Funds Weigh In On Pan Pacific International

An institutional investor recently raised its position in Pan Pacific International stock. Madison Asset Management LLC lifted its position in Pan Pacific International Holdings Co. (OTCMKTS:DQJCY – Free Report) by 14.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 215,902 shares of the company’s stock after acquiring an additional 27,240 shares during the period. Madison Asset Management LLC’s holdings in Pan Pacific International were worth $2,191,000 as of its most recent SEC filing.

Pan Pacific International Company Profile

(Get Free Report)

Pan Pacific International Holdings Corporation is a Japan-based retail company best known for operating the Don Quijote chain of discount stores. Its stores offer a broad assortment of groceries, household goods, consumer electronics, apparel, cosmetics, toys and other general merchandise, often through a high-volume, value-oriented retail format.

The company also operates UNY general merchandise stores and specialty retail formats, including the DON DON DONKI brand focused on Japanese products and food.

Further Reading

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