Prosus (OTCMKTS:PROSF – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 4,269,463 shares, an increase of 67.9% from the September 15th total of 2,542,767 shares. Based on an average daily trading volume, of 1,156 shares, the short-interest ratio is presently 3,693.3 days.
Prosus Price Performance
Shares of OTCMKTS:PROSF opened at $39.88 on Friday. The company’s fifty day moving average price is $43.28 and its 200-day moving average price is $44.73. Prosus has a one year low of $38.42 and a one year high of $72.77.
About Prosus
Prosus N.V. is a global consumer internet group and technology investor headquartered in Amsterdam, the Netherlands. Established in 2019 as a separate international investment group of Naspers, Prosus develops and operates online businesses while also holding strategic investments in technology companies around the world.
The company’s activities have included food delivery, fintech and payments, online classifieds, education technology, and other consumer internet services. Its portfolio has included businesses such as iFood in Brazil, OLX, PayU, and educational and digital marketplace platforms.
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