Spark New Zealand Ltd. (OTCMKTS:SPKKY) Sees Large Growth in Short Interest

Spark New Zealand Ltd. (OTCMKTS:SPKKY) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,003 shares, an increase of 58.4% from the February 26th total of 4,421 shares. Based on an average trading volume of 27,486 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

Spark New Zealand Stock Performance

SPKKY stock opened at $6.00 on Friday. The stock has a 50-day moving average price of $6.58 and a two-hundred day moving average price of $6.63. Spark New Zealand has a 1 year low of $5.51 and a 1 year high of $7.93. The company has a current ratio of 1.35, a quick ratio of 1.27 and a debt-to-equity ratio of 0.70.

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.