ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Sees Significant Decline in Short Interest

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 5,500 shares, a decline of 31.3% from the December 15th total of 8,000 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is presently 1.7 days.

ProSiebenSat.1 Media Price Performance

Shares of PBSFY stock traded down $0.02 during trading hours on Friday, reaching $1.20. The company’s stock had a trading volume of 337 shares, compared to its average volume of 909. ProSiebenSat.1 Media has a fifty-two week low of $1.14 and a fifty-two week high of $2.11. The firm’s 50 day simple moving average is $1.27 and its 200-day simple moving average is $1.50. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 1.35. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -24.04 and a beta of 1.49.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of ProSiebenSat.1 Media to a “strong-buy” rating in a research report on Monday, November 18th.

About ProSiebenSat.1 Media

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8.