Prosus (OTCMKTS:PROSY) Short Interest Up 72.0% in March

Prosus (OTCMKTS:PROSY - Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 364,900 shares, a growth of 72.0% from the March 15th total of 212,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,948,800 shares, the short-interest ratio is currently 0.2 days.

Prosus Stock Up 2.5 %

OTCMKTS:PROSY traded up $0.21 during mid-day trading on Tuesday, reaching $8.71. The stock had a trading volume of 1,856,185 shares, compared to its average volume of 2,110,333. The stock has a 50-day simple moving average of $8.97 and a two-hundred day simple moving average of $8.39. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.05 and a current ratio of 4.11. Prosus has a 12 month low of $6.55 and a 12 month high of $9.95.

Analysts Set New Price Targets

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

About Prosus

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.