Short Interest in ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Declines By 28.8%

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 4,200 shares, a drop of 28.8% from the January 15th total of 5,900 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 1.5 days.

Analysts Set New Price Targets

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

ProSiebenSat.1 Media Price Performance

PBSFY remained flat at $1.41 during trading hours on Friday. The company had a trading volume of 70 shares, compared to its average volume of 989. The firm has a market capitalization of $1.28 billion, a PE ratio of 4.06 and a beta of 1.49. The stock has a 50 day simple moving average of $1.32 and a 200-day simple moving average of $1.43. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.88 and a current ratio of 0.95. ProSiebenSat.1 Media has a 52-week low of $1.14 and a 52-week high of $2.11.

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.