Short Interest in Prosus (OTCMKTS:PROSY) Decreases By 66.7%

Prosus (OTCMKTS:PROSY - Get Free Report) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 212,200 shares, a decline of 66.7% from the February 28th total of 637,000 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 2,894,600 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Prosus to a "strong-buy" rating in a report on Tuesday, March 25th.

Prosus Trading Down 2.1 %

Shares of OTCMKTS PROSY traded down $0.20 during midday trading on Monday, reaching $9.32. 382,358 shares of the company's stock were exchanged, compared to its average volume of 1,903,500. Prosus has a 52-week low of $6.00 and a 52-week high of $9.95. The business's fifty day moving average price is $8.69 and its two-hundred day moving average price is $8.34. The company has a quick ratio of 4.05, a current ratio of 4.11 and a debt-to-equity ratio of 0.33.

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.