Prosus (OTCMKTS:PROSY) Short Interest Down 66.7% in March

Prosus (OTCMKTS:PROSY) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 212,200 shares, a drop of 66.7% from the February 28th total of 637,000 shares. Based on an average trading volume of 2,894,600 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Prosus to a “strong-buy” rating in a research report on Tuesday.

Prosus Price Performance

PROSY traded down $0.20 on Friday, reaching $9.32. The company had a trading volume of 382,358 shares, compared to its average volume of 1,903,500. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.05 and a current ratio of 4.11. The company has a fifty day moving average of $8.69 and a 200-day moving average of $8.33. Prosus has a one year low of $6.00 and a one year high of $9.95.

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.