Short Interest in Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Decreases By 46.9%

Prosus N.V. Sponsored ADR (OTCMKTS:PROSYGet Free Report) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 373,370 shares, a decline of 46.9% from the January 29th total of 703,385 shares. Based on an average trading volume of 2,072,021 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 2,072,021 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Several analysts recently commented on PROSY shares. Barclays restated an “overweight” rating on shares of Prosus in a report on Monday, December 8th. Citigroup reissued a “buy” rating on shares of Prosus in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on Prosus

Prosus Price Performance

Prosus stock opened at $10.24 on Friday. Prosus has a one year low of $7.75 and a one year high of $14.70. The company’s fifty day moving average price is $11.60 and its two-hundred day moving average price is $12.59. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.66 and a quick ratio of 3.62.

About Prosus

(Get Free Report)

Prosus is a global consumer internet group and investment company that focuses on creating and scaling technology businesses across classifieds, food delivery, payments and fintech, education, and e‑commerce. Formed as a publicly listed entity in 2019 out of the broader Naspers organization, Prosus combines operating platforms with long‑term strategic equity investments in digital companies, seeking to capture growth in online consumer services and financial technology.

The company’s portfolio includes a mix of majority‑owned operating businesses and minority stakes in high‑growth internet companies.

Further Reading

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