ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Short Interest Up 247.8% in December

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 8,000 shares, a growth of 247.8% from the November 30th total of 2,300 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is currently 1.2 days.

ProSiebenSat.1 Media Stock Performance

PBSFY stock remained flat at $1.24 during mid-day trading on Friday. 42 shares of the company’s stock traded hands, compared to its average volume of 3,718. ProSiebenSat.1 Media has a 1 year low of $1.14 and a 1 year high of $2.11. The firm has a market cap of $1.12 billion, a PE ratio of -24.80 and a beta of 1.51. The business has a fifty day simple moving average of $1.34 and a 200 day simple moving average of $1.55. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 1.35.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of ProSiebenSat.1 Media to a “strong-buy” rating in a research note on Monday, November 18th.

About ProSiebenSat.1 Media

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.