SEEK Limited (OTCMKTS:SKLTY) Sees Large Decline in Short Interest

SEEK Limited (OTCMKTS:SKLTYGet Free Report) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 1,000 shares, a drop of 66.7% from the February 13th total of 3,000 shares. Based on an average daily trading volume, of 52,900 shares, the days-to-cover ratio is currently 0.0 days.

SEEK Price Performance

OTCMKTS:SKLTY traded down $0.23 during mid-day trading on Thursday, reaching $28.28. The company’s stock had a trading volume of 10,500 shares, compared to its average volume of 23,470. SEEK has a 12-month low of $25.48 and a 12-month high of $36.57. The firm’s fifty day moving average price is $28.96 and its two-hundred day moving average price is $31.20.

SEEK Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, March 19th will be issued a dividend of $0.3049 per share. The ex-dividend date is Wednesday, March 19th. This is an increase from SEEK’s previous dividend of $0.17.

About SEEK

(Get Free Report)

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.

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