Prosus (OTCMKTS:PROSY – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 364,900 shares, an increase of 72.0% from the March 15th total of 212,200 shares. Based on an average daily volume of 1,948,800 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
Prosus Trading Up 0.2 %
Shares of PROSY opened at $8.47 on Friday. Prosus has a 12-month low of $6.10 and a 12-month high of $9.95. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.05 and a current ratio of 4.11. The company has a 50-day moving average of $8.97 and a two-hundred day moving average of $8.40.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Prosus to a “strong-buy” rating in a report on Tuesday, March 25th.
About Prosus
Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally. It operates internet platforms, such as classifieds, payments and fintech, food delivery, education technology, etail, ventures, social, and other internet platforms. The company was formerly known as Myriad International Holdings N.V.
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