Short Interest in Prosus (OTCMKTS:PROSY) Declines By 14.8%

Prosus (OTCMKTS:PROSY - Get Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 311,000 shares, a drop of 14.8% from the March 31st total of 364,900 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,172,900 shares, the short-interest ratio is presently 0.1 days.

Prosus Stock Performance

Shares of PROSY stock opened at $9.77 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.05 and a current ratio of 4.11. Prosus has a fifty-two week low of $6.68 and a fifty-two week high of $9.95. The business has a fifty day simple moving average of $8.99 and a 200-day simple moving average of $8.42.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Prosus to a "strong-buy" rating in a report 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.

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