Short Interest in Prada S.p.A. (OTCMKTS:PRDSF) Declines By 74.8%

Prada S.p.A. (OTCMKTS:PRDSF) was the target of a large decline in short interest in April. As of April 15th, there was short interest totalling 69,100 shares, a decline of 74.8% from the March 31st total of 273,800 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is presently 11.0 days.

Prada Trading Down 1.4 %

PRDSF traded down $0.11 during trading on Thursday, hitting $7.62. The company had a trading volume of 2,107 shares, compared to its average volume of 6,059. Prada has a one year low of $5.11 and a one year high of $8.49. The firm’s 50-day moving average price is $7.48 and its 200 day moving average price is $6.32.

Prada Company Profile

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church's, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.