SEEK Limited (OTCMKTS:SKLTY) Short Interest Down 67.4% in October

SEEK Limited (OTCMKTS:SKLTY) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 4,500 shares, a decline of 67.4% from the October 15th total of 13,800 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is presently 0.2 days.

SEEK Trading Up 1.2 %

SKLTY traded up $0.40 during trading hours on Wednesday, reaching $32.93. The company’s stock had a trading volume of 6,921 shares, compared to its average volume of 17,340. SEEK has a fifty-two week low of $26.13 and a fifty-two week high of $37.64. The business’s 50-day moving average is $32.97 and its 200-day moving average is $30.63.

SEEK Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 5th were given a $0.1697 dividend. The ex-dividend date was Thursday, September 5th.

About SEEK

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.