SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) Shares Shorted: Short Interest Up 105.1% in October

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 927 shares, an increase of 105.1% from the September 30th total of 452 shares. Based on an average trading volume of 9,837 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of SEEK from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has an average rating of “Hold”.

SEEK Price Performance

OTCMKTS SKLTY opened at $18.80 on Friday. The stock’s fifty day moving average is $18.25 and its two-hundred day moving average is $20.65. SEEK has a fifty-two week low of $15.43 and a fifty-two week high of $35.42.

About SEEK

SEEK Limited is an Australia-based online employment marketplace and education services company. Through its digital platforms, the company connects job seekers with employers and provides tools for advertising vacancies, searching for candidates and managing recruitment activities.

SEEK also operates education-related businesses that help users find and compare courses and training opportunities. Its employment marketplaces serve employers, recruiters, students and job seekers across Australia and New Zealand, with the broader SEEK group also holding interests in employment and education platforms in selected international markets.

Founded in 1997, SEEK has expanded from an Australian job-listing website into a broader employment and education technology business.