SEEK Limited (OTCMKTS:SKLTY) Short Interest Up 393.3% in March

SEEK Limited (OTCMKTS:SKLTY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 7,400 shares, a growth of 393.3% from the February 29th total of 1,500 shares. Based on an average daily volume of 19,400 shares, the days-to-cover ratio is currently 0.4 days.

SEEK Stock Performance

SKLTY stock traded up $0.66 during midday trading on Wednesday, reaching $33.16. 3,521 shares of the company’s stock traded hands, compared to its average volume of 8,285. The firm’s fifty day moving average price is $33.79 and its 200-day moving average price is $31.76. SEEK has a 52 week low of $25.72 and a 52 week high of $37.64.

SEEK Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 18th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.2179 per share. The ex-dividend date of this dividend is Tuesday, March 19th.

SEEK Company Profile

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.