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

SEEK Limited (OTCMKTS:SKLTY) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 10,200 shares, a growth of 85.5% from the May 15th total of 5,500 shares. Based on an average daily volume of 74,600 shares, the days-to-cover ratio is currently 0.1 days.

SEEK Stock Down 1.9 %

Shares of SKLTY traded down $0.58 during mid-day trading on Friday, hitting $30.22. 8,616 shares of the company’s stock were exchanged, compared to its average volume of 13,237. SEEK has a 52 week low of $25.72 and a 52 week high of $37.64. The stock’s 50-day simple moving average is $30.93 and its 200-day simple moving average is $32.81.

About SEEK

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.