Spark New Zealand Ltd. (OTCMKTS:SPKKY) Sees Significant Growth in Short Interest

Key Points

• Short interest jumped 58.4% in March, rising to 7,003 shares as of March 13, with a short‑interest ratio of just 0.3 days based on average daily volume of 27,486 shares (reported short interest rounds to 0.0% of shares outstanding).
• Spark shares opened at $6.09 and are trading below both the 50‑day ($6.59) and 200‑day ($6.64) moving averages, with a 12‑month range of $5.51–$7.93; the company has a debt‑to‑equity ratio of 0.70 and current/quick ratios of 1.35/1.27.

Spark New Zealand Ltd. (OTCMKTS:SPKKY - Get Free Report) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 7,003 shares, a growth of 58.4% from the February 26th total of 4,421 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 27,486 shares, the short-interest ratio is currently 0.3 days.

Spark New Zealand Stock Down 0.3%

Shares of OTCMKTS:SPKKY opened at $6.09 on Friday. The business has a fifty day moving average of $6.59 and a 200-day moving average of $6.64. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.27 and a current ratio of 1.35. Spark New Zealand has a twelve month low of $5.51 and a twelve month high of $7.93.

About Spark New Zealand

Spark New Zealand OTCMKTS: SPKKY is a leading telecommunications and digital services provider based in New Zealand. The company offers a wide range of products and services, including mobile voice and data plans, fixed-line telephony, broadband internet, and digital connectivity solutions. Spark's portfolio also extends to cloud computing, managed IT services, cybersecurity, and software development, catering to both consumer and enterprise markets.

Originally established as Telecom New Zealand in 1987, the company underwent a major rebrand in 2014 to become Spark New Zealand, reflecting its strategic shift toward digital innovation and customer-centric services.

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