Prosiebensat.1 Media Se (OTCMKTS:PBSFY) Sees Large Growth in Short Interest

Key Points

• Prosiebensat.1 Media SE's short interest increased by 900% from 100 shares at the end of June to 1,000 shares by mid-July, resulting in a short-interest ratio of 0.5 days.
• The company reported disappointing quarterly earnings with an EPS of $0.02, missing the consensus estimate of $0.22, along with a revenue of $953.09 million against expectations of $996.46 million.
• Prosiebensat.1 Media cut its dividend to $0.0072 per share, reflecting a 35.0% dividend yield and a payout ratio of -50.00%.

Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,000 shares, anincreaseof900.0% from the June 30th total of 100 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 2,000 shares, the short-interest ratio is presently 0.5 days.

Prosiebensat.1 Media Trading Up 0.3%

Prosiebensat.1 Media stock traded up $0.01 during trading hours on Wednesday, reaching $2.25. The stock had a trading volume of 1,194 shares, compared to its average volume of 4,159. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.97 and a quick ratio of 0.92. The company has a fifty day simple moving average of $1.99 and a 200-day simple moving average of $1.73. The stock has a market cap of $2.04 billion, a PE ratio of -22.48 and a beta of 1.21. Prosiebensat.1 Media has a 52 week low of $1.14 and a 52 week high of $2.26.

Prosiebensat.1 Media (OTCMKTS:PBSFY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.20). Prosiebensat.1 Media had a positive return on equity of 13.40% and a negative net margin of 2.27%. The business had revenue of $953.09 million for the quarter, compared to analysts' expectations of $996.46 million.

Prosiebensat.1 Media Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 18th. Stockholders of record on Monday, June 2nd were given a dividend of $0.0072 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a dividend yield of 35.0%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Barclays lowered Prosiebensat.1 Media from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 30th. DZ Bank raised Prosiebensat.1 Media from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 12th.

About Prosiebensat.1 Media

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.