Prosus (OTCMKTS:PROSF) Sees Large Increase in Short Interest

Prosus (OTCMKTS:PROSF) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,116,900 shares, a growth of 73.1% from the January 31st total of 645,200 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 44.7 days.

Prosus Price Performance

Prosus stock traded down $0.41 during mid-day trading on Friday, reaching $43.60. 225,851 shares of the company’s stock traded hands, compared to its average volume of 107,302. Prosus has a 12-month low of $28.70 and a 12-month high of $47.69. The stock has a 50 day moving average of $40.16 and a two-hundred day moving average of $40.31.

About Prosus

Prosus N.V. engages in the e-commerce and internet businesses. The company operates internet platforms, such as classifieds, payments and fintech, food delivery, education technology, etail, health, ventures, social, and other internet platforms. It has operations in Latin and North America, the Middle East, Africa, Europe, Asia, and internationally.