Spark New Zealand Ltd. (OTCMKTS:SPKKY) Short Interest Up 90.3% in February

Spark New Zealand Ltd. (OTCMKTS:SPKKY) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 10,035 shares, an increase of 90.3% from the January 29th total of 5,274 shares. Based on an average daily trading volume, of 40,384 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 40,384 shares, the days-to-cover ratio is presently 0.2 days.

Spark New Zealand Price Performance

Shares of OTCMKTS:SPKKY opened at $6.78 on Friday. Spark New Zealand has a 52-week low of $5.51 and a 52-week high of $7.93. The business has a fifty day moving average of $6.60 and a two-hundred day moving average of $6.76. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.27 and a current ratio of 1.35.

Spark New Zealand Company Profile

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.