ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Sees Large Growth in Short Interest

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 1,322,600 shares, a growth of 44.6% from the August 15th total of 914,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

PBSFF stock opened at $19.65 on Tuesday. ProSiebenSat.1 Media has a twelve month low of $10.34 and a twelve month high of $22.41. The business has a 50 day simple moving average of $19.68 and a 200-day simple moving average of $20.72.

ProSiebenSat.1 Media Company Profile

ProSiebenSat.1 Media SE operates as an entertainment player with e-commerce business. It operates through the following segments: Entertainment, Content Production & Global Sales and Commerce. The Entertainment segment offers entertainment whenever, wherever and on any device. The Content Production & Global Sales segment combines the international TV production and distribution business with the global digital studio, Studio71 under the umbrella of Red Arrow Studios.

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