ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Short Interest Down 56.3% in May

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY - Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totalling 3,800 shares, a drop of 56.3% from the April 30th total of 8,700 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PBSFY. Barclays lowered shares of ProSiebenSat.1 Media from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 30th. DZ Bank raised shares of ProSiebenSat.1 Media from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 12th.

ProSiebenSat.1 Media Trading Down 6.7%

Shares of PBSFY stock traded down $0.13 during mid-day trading on Tuesday, hitting $1.82. 997 shares of the company's stock were exchanged, compared to its average volume of 4,834. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of -36.39 and a beta of 1.16. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 1.35. ProSiebenSat.1 Media has a fifty-two week low of $1.14 and a fifty-two week high of $2.03. The stock has a 50-day simple moving average of $1.70 and a two-hundred day simple moving average of $1.50.

ProSiebenSat.1 Media (OTCMKTS:PBSFY - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.20). ProSiebenSat.1 Media had a positive return on equity of 17.40% and a negative net margin of 0.85%. The business had revenue of $899.43 million for the quarter.

ProSiebenSat.1 Media Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 18th. Investors of record on Monday, June 2nd will be given a $0.0072 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 0.35%. ProSiebenSat.1 Media's dividend payout ratio is presently -50.00%.

ProSiebenSat.1 Media Company Profile

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.