Short Interest in Prosus (OTCMKTS:PROSY) Decreases By 45.7%

Prosus (OTCMKTS:PROSY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,019,500 shares, a drop of 45.7% from the December 31st total of 1,877,500 shares. Based on an average daily volume of 4,335,200 shares, the days-to-cover ratio is currently 0.2 days.

Prosus Stock Performance

PROSY traded down $0.04 during midday trading on Friday, hitting $7.64. The company had a trading volume of 2,735,708 shares, compared to its average volume of 2,137,303. The stock’s 50 day moving average price is $7.84 and its 200 day moving average price is $7.82. The company has a current ratio of 4.11, a quick ratio of 4.05 and a debt-to-equity ratio of 0.33. Prosus has a 52 week low of $5.56 and a 52 week high of $9.20.

Prosus Company Profile

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.