Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Short Interest Update

Key Points

• Prosus N.V. experienced a significant decrease in short interest, falling 45.4% to 427,200 shares as of July 31st.
• Citigroup reaffirmed a "buy" rating for Prosus shares in June, highlighting positive analyst sentiment towards the company.
• The stock is currently trading at $12.34, with a 52-week range between $6.76 and $12.49, indicating potential for growth.

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY - Get Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 427,200 shares, adeclineof45.4% from the July 15th total of 782,900 shares. Currently,0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,338,500 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 1,338,500 shares, the days-to-cover ratio is presently 0.3 days. Currently,0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a "buy" rating on shares of Prosus in a research note on Wednesday, June 25th.

Prosus Price Performance

OTCMKTS PROSY traded down $0.14 during mid-day trading on Monday, hitting $12.34. The company's stock had a trading volume of 211,803 shares, compared to its average volume of 1,556,154. The company has a current ratio of 3.54, a quick ratio of 3.50 and a debt-to-equity ratio of 0.29. Prosus has a 52-week low of $6.76 and a 52-week high of $12.49. The stock's fifty day simple moving average is $11.35 and its two-hundred day simple moving average is $9.96.

About Prosus

Prosus N.V. engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally. It operates internet platforms, such as classifieds, payments and fintech, food delivery, education technology, etail, ventures, social, and other internet platforms. The company was formerly known as Myriad International Holdings N.V.

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