Prosus (OTCMKTS:PROSF) Sees Large Increase in Short Interest

Prosus (OTCMKTS:PROSFGet Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 2,097,368 shares, an increase of 84.6% from the June 15th total of 1,136,218 shares. Based on an average trading volume of 1,006 shares, the short-interest ratio is presently 2,084.9 days.

Prosus Stock Performance

Shares of Prosus stock opened at $44.50 on Friday. Prosus has a 52-week low of $41.96 and a 52-week high of $72.77. The company’s 50-day simple moving average is $45.13 and its 200-day simple moving average is $50.19.

Prosus Company Profile

(Get Free Report)

Prosus is a global consumer internet group and one of the largest technology investors in the world. Established in September 2019 as a spin-off from the South African media and internet conglomerate Naspers, Prosus is headquartered in Amsterdam, the Netherlands. The company’s shares trade on Euronext Amsterdam, with American Depositary Receipts available over-the-counter in the United States under the symbol PROSF.

The company’s core activities center on building and supporting leading consumer internet businesses around the globe.

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