Short Interest in Prosus (OTCMKTS:PROSY) Drops By 29.9%

Prosus (OTCMKTS:PROSY) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 527,200 shares, a decrease of 29.9% from the January 31st total of 751,700 shares. Based on an average daily volume of 4,292,500 shares, the short-interest ratio is currently 0.1 days.

Prosus Stock Performance

Shares of PROSY traded up $0.20 during midday trading on Wednesday, hitting $8.90. 1,908,134 shares of the company traded hands, compared to its average volume of 2,217,440. The firm has a 50 day moving average of $7.98 and a 200-day moving average of $8.08. Prosus has a 52 week low of $5.56 and a 52 week high of $9.61. The company has a quick ratio of 4.05, a current ratio of 4.11 and a debt-to-equity ratio of 0.33.

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.