Short Interest in ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Decreases By 38.2%

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 646,854 shares, a decline of 38.2% from the January 29th total of 1,047,207 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

ProSiebenSat.1 Media Price Performance

ProSiebenSat.1 Media stock opened at $5.55 on Friday. The company’s 50 day simple moving average is $5.55 and its 200 day simple moving average is $6.44. ProSiebenSat.1 Media has a fifty-two week low of $5.55 and a fifty-two week high of $8.96.

About ProSiebenSat.1 Media

ProSiebenSat.1 Media is a leading German mass-media company specializing in free-to-air television broadcasting, content production and digital entertainment services. The company operates a portfolio of national TV channels, including ProSieben, Sat.1 and Kabel Eins, which together reach millions of viewers in German-speaking Europe. Alongside its flagship linear channels, ProSiebenSat.1 offers video-on-demand platforms and streaming services that complement its broadcast schedules and cater to the increasing demand for on-demand content.

Founded through the consolidation of several regional broadcasters in the early 2000s, ProSiebenSat.1 has grown both organically and through strategic acquisitions.