Short Interest in Spark New Zealand Ltd. (OTCMKTS:SPKKY) Increases By 7,628.6%

Spark New Zealand Ltd. (OTCMKTS:SPKKY) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 1,623 shares, an increase of 7,628.6% from the April 30th total of 21 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 54,972 shares, the short-interest ratio is currently 0.0 days.

Spark New Zealand Stock Up 2.1%

Shares of SPKKY stock opened at $5.75 on Friday. The business’s fifty day simple moving average is $6.07 and its 200-day simple moving average is $6.38. Spark New Zealand has a 12-month low of $5.56 and a 12-month high of $7.93.

About Spark New Zealand

Spark New Zealand (OTCMKTS: SPKKY) is a leading telecommunications and digital services provider based in New Zealand. The company offers a wide range of products and services, including mobile voice and data plans, fixed-line telephony, broadband internet, and digital connectivity solutions. Spark’s portfolio also extends to cloud computing, managed IT services, cybersecurity, and software development, catering to both consumer and enterprise markets.

Originally established as Telecom New Zealand in 1987, the company underwent a major rebrand in 2014 to become Spark New Zealand, reflecting its strategic shift toward digital innovation and customer-centric services.