Short Interest in Prada S.p.A. (OTCMKTS:PRDSF) Declines By 14.6%

Prada S.p.A. (OTCMKTS:PRDSF) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 56,600 shares, a drop of 14.6% from the November 30th total of 66,300 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 80.9 days.

Prada Price Performance

OTCMKTS:PRDSF opened at $7.63 on Monday. Prada has a one year low of $5.16 and a one year high of $8.69. The firm has a 50-day moving average of $7.34 and a 200-day moving average of $7.18.

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.