ProSiebenSat.1 Media SE (OTCMKTS:PBSFF – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 104,432 shares, a drop of 83.6% from the June 30th total of 637,077 shares. Based on an average trading volume of 4 shares, the short-interest ratio is currently 26,108.0 days.
ProSiebenSat.1 Media Stock Performance
ProSiebenSat.1 Media stock opened at $5.55 on Friday. The company’s 50-day moving average is $5.53 and its 200-day moving average is $5.54. 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.
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