Prosus (OTCMKTS:PROSY) Sees Significant Decrease in Short Interest

Prosus (OTCMKTS:PROSY) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 1,019,500 shares, a decline of 45.7% from the December 31st total of 1,877,500 shares. Based on an average daily volume of 4,335,200 shares, the short-interest ratio is presently 0.2 days.

Prosus Stock Down 0.5 %

Shares of OTCMKTS:PROSY traded down $0.04 during midday trading on Friday, hitting $7.64. The stock had a trading volume of 2,735,708 shares, compared to its average volume of 2,137,303. The business’s 50-day simple moving average is $7.84 and its 200-day simple moving average is $7.82. Prosus has a 12 month low of $5.56 and a 12 month high of $9.20. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.11 and a quick ratio of 4.05.

Prosus Company Profile

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.