Short Interest in Spark New Zealand Limited (OTCMKTS:SPKKY) Expands By 28.6%

Spark New Zealand Limited (OTCMKTS:SPKKY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 900 shares, a growth of 28.6% from the March 15th total of 700 shares. Based on an average daily volume of 112,900 shares, the days-to-cover ratio is currently 0.0 days.

Spark New Zealand Price Performance

Shares of SPKKY traded down $0.20 during trading hours on Friday, reaching $13.82. 45,469 shares of the company traded hands, compared to its average volume of 63,070. Spark New Zealand has a 12-month low of $13.69 and a 12-month high of $16.70. The business has a fifty day moving average price of $15.09 and a 200-day moving average price of $15.31.

Spark New Zealand Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 22nd will be issued a dividend of $0.0618 per share. The ex-dividend date of this dividend is Thursday, March 21st. This is a positive change from Spark New Zealand's previous dividend of $0.06.

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.