Short Interest in Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Rises By 84.4%

Key Points

• Short interest jumped 84.4% to 764,156 shares as of March 13, but with average daily volume around 2.78 million shares the short‑interest ratio is only about 0.3 days, limiting immediate squeeze risk despite the surge.
• Analysts remain bullish — three analysts rate Prosus a Buy and Morgan Stanley recently upgraded the stock, citing roughly 29% upside, which could boost investor sentiment.
• Trading context: Prosus opened at $9.60 and is up about 3.4%, with a 12‑month range of $7.75–$14.70 and 50‑/200‑day moving averages of $10.68 and $12.31, indicating the share price sits below longer‑term levels.

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY - Get Free Report) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 764,156 shares, a growth of 84.4% from the February 26th total of 414,297 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 2,779,661 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on PROSY shares. Citigroup reiterated a "buy" rating on shares of Prosus in a report on Thursday, December 11th. Barclays reissued an "overweight" rating on shares of Prosus in a research note on Monday, December 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy".

Prosus Trading Up 3.4%

Prosus stock opened at $9.60 on Thursday. Prosus has a twelve month low of $7.75 and a twelve month high of $14.70. The company has a current ratio of 3.66, a quick ratio of 3.62 and a debt-to-equity ratio of 0.30. The firm's 50 day moving average price is $10.68 and its two-hundred day moving average price is $12.31.

More Prosus News

Here are the key news stories impacting Prosus this week:

• Positive Sentiment: Morgan Stanley upgraded Prosus and raised its target, saying there’s roughly 29% upside even after assigning a wider discount to the group — a catalyst that can lift investor sentiment and attract inflows. Article Title
• Positive Sentiment: Prosus and Accel selected six deep‑tech startups for the inaugural Atoms X / LeapTech cohort — demonstrates continued active deal flow and early‑stage investing in high‑growth Indian tech, supporting Prosus’s long‑term India thesis and potential future value creation. Article Title
• Positive Sentiment: Coverage emphasizes Prosus’s strong runway in its India portfolio (mentions holdings such as payments and local platform plays), reinforcing growth expectations in faster‑growing markets that underlie the share‑price recovery narrative. Article Title
• Negative Sentiment: Short interest rose sharply in March (an 84.4% increase to ~764k shares as of March 13). While days‑to‑cover remains low (~0.3 days) limiting immediate squeeze risk, the jump in shorting signals some investor skepticism and could add downward pressure if sentiment turns negative. (Source: short‑interest data released 3/24–3/25)

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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