Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Short Interest Down 30.8% in April

Key Points

• Short interest in Prosus fell by 30.8% in April to 1,330,378 shares (about 0.1% of shares) with a days-to-cover ratio of 0.5 days based on average volume.
• Zacks Research downgraded Prosus to a "strong sell", though overall analyst coverage includes three Buy ratings and one Sell, giving an average rating of "Moderate Buy".
• Shares opened at $9.62 (1‑year range $8.79–$14.70) and trade below the 200‑day moving average ($11.66); the company reports a debt‑to‑equity of 0.30 and a current ratio of 3.66.

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY - Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,330,378 shares, a drop of 30.8% from the March 31st total of 1,922,054 shares. Based on an average trading volume of 2,569,117 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Prosus from a "hold" rating to a "strong sell" rating in a research note on Monday, April 6th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Prosus Stock Down 1.5%

Shares of OTCMKTS:PROSY opened at $9.62 on Tuesday. Prosus has a 1-year low of $8.79 and a 1-year high of $14.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.62 and a current ratio of 3.66. The company has a 50 day moving average price of $9.88 and a 200 day moving average price of $11.66.

Prosus Company Profile

Prosus is a global consumer internet group and investment company that focuses on creating and scaling technology businesses across classifieds, food delivery, payments and fintech, education, and e‑commerce. Formed as a publicly listed entity in 2019 out of the broader Naspers organization, Prosus combines operating platforms with long‑term strategic equity investments in digital companies, seeking to capture growth in online consumer services and financial technology.

The company's portfolio includes a mix of majority‑owned operating businesses and minority stakes in high‑growth internet companies.

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