Prosus (OTCMKTS:PROSF) Sees Significant Decrease in Short Interest

Prosus (OTCMKTS:PROSF) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 1,479,600 shares, a decline of 18.4% from the March 15th total of 1,813,500 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is currently 284.5 days.

Prosus Price Performance

OTCMKTS PROSF remained flat at $40.10 during midday trading on Monday. The stock’s fifty day simple moving average is $44.62 and its 200 day simple moving average is $41.94. Prosus has a fifty-two week low of $30.90 and a fifty-two week high of $50.00.

Prosus Company Profile

Prosus N.V. engages in the e-commerce and internet businesses. The company operates internet platforms, such as classifieds, payments and fintech, food delivery, education technology, etail, health, ventures, social, and other internet platforms. It has operations in Latin and North America, the Middle East, Africa, Europe, Asia, and internationally.