Short Interest in Prada S.p.A. (OTCMKTS:PRDSF) Grows By 47.2%

Prada S.p.A. (OTCMKTS:PRDSF) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 45,500 shares, a growth of 47.2% from the February 13th total of 30,900 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 20.7 days.

Prada Trading Down 0.9 %

OTCMKTS:PRDSF traded down $0.07 during mid-day trading on Monday, reaching $7.60. 940 shares of the stock were exchanged, compared to its average volume of 3,563. Prada has a 1 year low of $6.31 and a 1 year high of $9.32. The company has a 50 day simple moving average of $8.18 and a 200-day simple moving average of $7.54.

About Prada

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.