Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 15,489 shares, a growth of 68.1% from the May 14th total of 9,213 shares. Based on an average daily trading volume, of 101,611 shares, the days-to-cover ratio is presently 0.2 days.
Prada Trading Down 0.4%
OTCMKTS PRDSY traded down $0.04 during trading on Tuesday, reaching $10.15. 1,060 shares of the company’s stock were exchanged, compared to its average volume of 25,406. Prada has a fifty-two week low of $8.90 and a fifty-two week high of $13.30. The company’s fifty day simple moving average is $9.49 and its 200-day simple moving average is $10.33.
About Prada
Prada S.p.A. is an Italian luxury fashion house renowned for its high-end leather goods, ready-to-wear collections and accessories. Founded in 1913 by Mario Prada in Milan, the company has built a reputation for craftsmanship and understated elegance. Its product portfolio spans handbags, small leather goods, footwear, eyewear and fragrances, all designed to reflect a blend of traditional techniques and contemporary sensibilities.
The company distributes its products through a network of directly operated boutiques, franchise stores and e-commerce platforms.
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