Spark New Zealand Ltd. (OTCMKTS:SPKKY) Sees Significant Increase in Short Interest

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

Spark New Zealand Price Performance

SPKKY opened at $6.78 on Monday. Spark New Zealand has a 1 year low of $5.51 and a 1 year high of $7.93. The company has a quick ratio of 1.27, a current ratio of 1.35 and a debt-to-equity ratio of 0.70. The firm’s fifty day moving average price is $6.60 and its two-hundred day moving average price is $6.76.

About Spark New Zealand

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.