Short-term stake in Prada SpA (OTCMKTS: PRDSF) increases to 99.5%

Prada SpA (OTCMKTS: PRDSF – Get Rating) saw a significant increase in short-term interest in May. As of May 15, there was short interest totaling 523,800 shares, a 99.5% increase from the April 30 total of 262,500 shares. Based on an average trading volume of 3,900 shares, the short-term interest rate ratio is currently 134.3 days.

Prada shares opened at $5.53 on Friday. Prada has a 12-month low of $4.63 and a 12-month high of $7.67. The company’s 50-day simple moving average is $5.86 and its 200-day simple moving average is $6.04.

Prada Company Profile (Get a rating)

Prada SpA, together with its subsidiaries, designs, produces and distributes leather goods, handbags, footwear, apparel and accessories in Europe, America, Asia-Pacific, Japan, the Middle East and Africa. It offers its products under the brands Prada, Miu Miu, Church’s and Car Shoe.

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