Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Sees Significant Increase in Short Interest

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 764,156 shares, a growth of 84.4% from the February 26th total of 414,297 shares. Based on an average daily trading volume, of 2,779,661 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Prosus Trading Down 1.6%

Prosus stock opened at $9.03 on Friday. Prosus has a 12-month low of $7.75 and a 12-month high of $14.70. The company has a quick ratio of 3.62, a current ratio of 3.66 and a debt-to-equity ratio of 0.30. The firm’s fifty day moving average price is $10.62 and its 200 day moving average price is $12.29.

Analyst Upgrades and Downgrades

PROSY has been the subject of several recent research reports. Barclays reissued an “overweight” rating on shares of Prosus in a research report on Monday, December 8th. Citigroup reissued a “buy” rating on shares of Prosus in a research report on Thursday, December 11th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Prosus

Prosus is a global consumer internet group and investment company that focuses on creating and scaling technology businesses across classifieds, food delivery, payments and fintech, education, and e‑commerce. Formed as a publicly listed entity in 2019 out of the broader Naspers organization, Prosus combines operating platforms with long‑term strategic equity investments in digital companies, seeking to capture growth in online consumer services and financial technology.

The company’s portfolio includes a mix of majority‑owned operating businesses and minority stakes in high‑growth internet companies.