Prosus (OTCMKTS:PROSY) Sees Significant Increase in Short Interest

Prosus (OTCMKTS:PROSY - Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 308,600 shares, a growth of 99.6% from the April 30th total of 154,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,924,500 shares, the days-to-cover ratio is currently 0.1 days.

Prosus Stock Up 1.5%

Shares of OTCMKTS PROSY traded up $0.15 during mid-day trading on Tuesday, reaching $10.30. 2,022,178 shares of the company were exchanged, compared to its average volume of 2,018,332. Prosus has a 52 week low of $6.68 and a 52 week high of $10.53. The company's 50 day moving average price is $9.33 and its 200 day moving average price is $8.67. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.05 and a current ratio of 4.11.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Prosus to a "strong-buy" rating in a research note on Tuesday, March 25th.

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.