Prosus N.V. Sponsored ADR (OTCMKTS:PROSY) Short Interest Down 44.5% in May

Prosus N.V. Sponsored ADR (OTCMKTS:PROSYGet Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 1,140,292 shares, a decrease of 44.5% from the April 30th total of 2,054,030 shares. Based on an average daily volume of 2,041,443 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Prosus Trading Up 9.5%

OTCMKTS:PROSY traded up $0.85 during mid-day trading on Tuesday, hitting $9.84. The company’s stock had a trading volume of 730,638 shares, compared to its average volume of 1,055,908. Prosus has a fifty-two week low of $8.79 and a fifty-two week high of $14.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.62 and a current ratio of 3.66. The stock has a fifty day moving average of $9.47 and a 200-day moving average of $10.93.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Prosus from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Prosus

Prosus Company Profile

(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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