ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Sees Significant Drop in Short Interest

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 456,500 shares, a drop of 22.9% from the February 28th total of 592,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

ProSiebenSat.1 Media Price Performance

ProSiebenSat.1 Media stock remained flat at $6.48 during trading hours on Monday. The stock has a fifty day moving average of $6.95 and a 200 day moving average of $6.97. ProSiebenSat.1 Media has a 12-month low of $6.48 and a 12-month high of $6.98.

ProSiebenSat.1 Media Company Profile

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.