Prosus (OTCMKTS:PROSY) Short Interest Down 66.7% in March

Prosus (OTCMKTS:PROSY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 212,200 shares, a decrease 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 currently 0.1 days.

Prosus Stock Down 2.1 %

OTCMKTS PROSY traded down $0.20 during trading hours on Friday, reaching $9.32. 382,358 shares of the company traded hands, compared to its average volume of 1,903,500. The company has a current ratio of 4.11, a quick ratio of 4.05 and a debt-to-equity ratio of 0.33. Prosus has a 12 month low of $6.00 and a 12 month high of $9.95. The company has a 50 day moving average of $8.65 and a two-hundred day moving average of $8.31.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Prosus to a “strong-buy” rating in a report on Tuesday.

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.