Short Interest in Prada S.p.A. (OTCMKTS:PRDSF) Decreases By 60.3%

Prada S.p.A. (OTCMKTS:PRDSF) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 81,500 shares, a drop of 60.3% from the October 31st total of 205,100 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 18.1 days.

Prada Price Performance

Shares of OTCMKTS PRDSF opened at $6.92 on Friday. The firm’s 50-day moving average price is $7.03 and its 200-day moving average price is $7.25. Prada has a 52-week low of $5.16 and a 52-week high of $8.69.

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.