Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Short Interest Update

Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,140,292 shares, a decline of 44.5% from the April 30th total of 2,054,030 shares. Based on an average trading volume of 2,041,443 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s shares are sold short.

Prosus Stock Performance

Shares of PROSY opened at $9.84 on Wednesday. The firm’s 50-day moving average price is $9.47 and its 200-day moving average price is $10.93. The company has a quick ratio of 3.62, a current ratio of 3.66 and a debt-to-equity ratio of 0.30. Prosus has a 1-year low of $8.79 and a 1-year high of $14.70.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Prosus from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Prosus has a consensus rating of “Moderate Buy”.

About Prosus

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.