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Short Interest in Spark New Zealand Limited (OTCMKTS:SPKKY) Declines By 82.2%

Spark New Zealand logo with Utilities background

Spark New Zealand Limited (OTCMKTS:SPKKY - Get Free Report) saw a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 12,100 shares, a drop of 82.2% from the May 15th total of 67,800 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 89,300 shares, the days-to-cover ratio is presently 0.1 days.

Spark New Zealand Stock Up 0.4%

OTCMKTS SPKKY traded up $0.03 during trading hours on Thursday, hitting $7.05. 30,997 shares of the company's stock were exchanged, compared to its average volume of 105,904. The stock has a 50-day simple moving average of $6.43 and a 200 day simple moving average of $7.13. The company has a current ratio of 1.01, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76. Spark New Zealand has a 1-year low of $5.51 and a 1-year high of $13.60.

Spark New Zealand Company Profile

(Get Free Report)

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service.

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