ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Short Interest Up 66.1% in January

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 1,047,207 shares, a growth of 66.1% from the January 15th total of 630,567 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

ProSiebenSat.1 Media Price Performance

Shares of PBSFF opened at $5.55 on Friday. ProSiebenSat.1 Media has a 12 month low of $5.55 and a 12 month high of $8.96. The stock’s 50 day moving average is $5.55 and its two-hundred day moving average is $6.50.

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.