Short Interest in SEEK Limited (OTCMKTS:SKLTY) Grows By 233.3%

SEEK Limited (OTCMKTS:SKLTY) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,000 shares, an increase of 233.3% from the January 31st total of 900 shares. Based on an average daily volume of 18,700 shares, the days-to-cover ratio is presently 0.2 days.

SEEK Stock Up 0.2 %

SKLTY stock opened at $29.79 on Friday. SEEK has a 12 month low of $25.48 and a 12 month high of $36.87. The firm’s 50-day moving average is $28.73 and its 200 day moving average is $31.17.

SEEK Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, March 19th will be paid a dividend of $0.3049 per share. The ex-dividend date is Wednesday, March 19th. This is an increase from SEEK’s previous dividend of $0.17.

About SEEK

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.