ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Short Interest Update

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 1,053,646 shares, a growth of 65.6% from the March 15th total of 636,149 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

ProSiebenSat.1 Media Price Performance

Shares of PBSFF stock remained flat at $5.55 during mid-day trading on Wednesday. The stock has a 50-day simple moving average of $5.55 and a 200-day simple moving average of $5.79. ProSiebenSat.1 Media has a 1 year low of $5.55 and a 1 year high of $8.96.

About ProSiebenSat.1 Media

ProSiebenSat.1 Media is a leading German mass-media company specializing in free-to-air television broadcasting, content production and digital entertainment services. The company operates a portfolio of national TV channels, including ProSieben, Sat.1 and Kabel Eins, which together reach millions of viewers in German-speaking Europe. Alongside its flagship linear channels, ProSiebenSat.1 offers video-on-demand platforms and streaming services that complement its broadcast schedules and cater to the increasing demand for on-demand content.

Founded through the consolidation of several regional broadcasters in the early 2000s, ProSiebenSat.1 has grown both organically and through strategic acquisitions.