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

Key Points

• Prosiebensat.1 Media SE saw a significant increase in short interest, rising by 200.0% from 1,000 shares in July to 3,000 shares in August, resulting in a short-interest ratio of 1.4 days.
• The company reported earnings of $0.02 EPS, which fell short of the consensus estimate of $0.22, with total revenue of $953.09 million compared to expectations of $996.46 million.
• DZ Bank upgraded Prosiebensat.1 Media from a "hold" to a "strong-buy" rating, with a current average rating of "Buy" from analysts.

Prosiebensat.1 Media Se (OTCMKTS:PBSFY - Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 3,000 shares, anincreaseof200.0% from the July 31st total of 1,000 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 1.4 days.

Wall Street Analysts Forecast Growth

Separately, DZ Bank upgraded shares of Prosiebensat.1 Media from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 12th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, Prosiebensat.1 Media has an average rating of "Buy".

Prosiebensat.1 Media Price Performance

OTCMKTS PBSFY remained flat at $2.19 on Tuesday. 31 shares of the company's stock were exchanged, compared to its average volume of 391. The company has a current ratio of 0.97, a quick ratio of 0.92 and a debt-to-equity ratio of 1.51. Prosiebensat.1 Media has a twelve month low of $1.14 and a twelve month high of $2.30. The firm has a market cap of $1.99 billion, a PE ratio of -21.90 and a beta of 1.18. The stock has a 50 day moving average price of $2.16 and a 200-day moving average price of $1.88.

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

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.