Short Interest in ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Expands By 247.8%

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 8,000 shares, an increase of 247.8% from the November 30th total of 2,300 shares. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of ProSiebenSat.1 Media to a “strong-buy” rating in a research note on Monday, November 18th.

ProSiebenSat.1 Media Stock Performance

Shares of OTCMKTS PBSFY remained flat at $1.24 during midday trading on Thursday. The firm has a fifty day moving average of $1.36 and a 200 day moving average of $1.56. The stock has a market cap of $1.12 billion, a PE ratio of -24.80 and a beta of 1.51. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.88 and a current ratio of 0.95. ProSiebenSat.1 Media has a 1-year low of $1.14 and a 1-year high of $2.11.

About ProSiebenSat.1 Media

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.