ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Short Interest Up 247.8% in December

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 8,000 shares, an increase of 247.8% from the November 30th total of 2,300 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 1.2 days.

Wall Street Analyst Weigh In

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

ProSiebenSat.1 Media Price Performance

Shares of PBSFY remained flat at $1.24 during mid-day trading on Friday. 42 shares of the stock traded hands, compared to its average volume of 3,718. 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 one year low of $1.14 and a one year high of $2.11. The firm has a market capitalization of $1.12 billion, a P/E ratio of -24.80 and a beta of 1.51. The stock has a 50 day moving average of $1.34 and a 200-day moving average of $1.55.

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.