Spark New Zealand Limited (OTCMKTS:SPKKY) Sees Large Decline in Short Interest

Spark New Zealand Limited (OTCMKTS:SPKKY) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 1,700 shares, a decline of 78.8% from the December 31st total of 8,000 shares. Based on an average trading volume of 693,100 shares, the short-interest ratio is currently 0.0 days.

Spark New Zealand Stock Performance

OTCMKTS SPKKY traded up $0.06 on Wednesday, hitting $8.22. The stock had a trading volume of 111,860 shares, compared to its average volume of 128,998. The firm has a 50-day moving average of $8.29 and a 200-day moving average of $9.90. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.93 and a current ratio of 1.01. Spark New Zealand has a 52-week low of $7.80 and a 52-week high of $16.44.

Spark New Zealand Company Profile

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service.