ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Sees Significant Drop in Short Interest

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 456,500 shares, a decrease of 22.9% from the February 28th total of 592,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

ProSiebenSat.1 Media Stock Performance

Shares of PBSFF stock remained flat at $6.48 during trading on Monday. ProSiebenSat.1 Media has a 12 month low of $6.48 and a 12 month high of $6.98. The company has a 50-day moving average price of $6.95 and a 200-day moving average price of $6.97.

ProSiebenSat.1 Media Company Profile

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.