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

Spark New Zealand Limited (OTCMKTS:SPKKY) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 200 shares, a drop of 99.8% from the November 15th total of 121,600 shares. Based on an average trading volume of 602,700 shares, the days-to-cover ratio is presently 0.0 days.

Spark New Zealand Stock Performance

OTCMKTS SPKKY traded up $0.05 during trading on Friday, reaching $8.20. 395,393 shares of the stock traded hands, compared to its average volume of 263,901. Spark New Zealand has a fifty-two week low of $7.88 and a fifty-two week high of $16.44. The company has a quick ratio of 0.93, a current ratio of 1.01 and a debt-to-equity ratio of 0.76. The stock’s 50-day moving average price is $8.89 and its 200 day moving average price is $10.94.

About Spark New Zealand

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.