Short Interest in Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Rises By 50.2%

Prosus N.V. Sponsored ADR (OTCMKTS:PROSYGet Free Report) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 703,385 shares, an increase of 50.2% from the January 15th total of 468,167 shares. Based on an average daily volume of 1,396,837 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,396,837 shares, the days-to-cover ratio is presently 0.5 days.

Prosus Stock Down 0.3%

PROSY stock opened at $10.10 on Friday. The firm has a 50-day moving average of $11.99 and a two-hundred day moving average of $12.69. 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 one year low of $7.75 and a one year high of $14.70.

Analyst Upgrades and Downgrades

PROSY has been the subject of several recent analyst reports. Citigroup reiterated a “buy” rating on shares of Prosus in a report on Thursday, December 11th. Barclays reaffirmed an “overweight” rating on shares of Prosus in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on Prosus

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.

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