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

SEEK Limited (OTCMKTS:SKLTYGet Free Report) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 7,400 shares, a growth of 393.3% from the February 29th total of 1,500 shares. Based on an average trading volume of 19,400 shares, the short-interest ratio is presently 0.4 days.

SEEK Stock Up 0.7 %

OTCMKTS:SKLTY traded up $0.22 during trading hours on Thursday, reaching $33.38. 14,402 shares of the stock were exchanged, compared to its average volume of 8,385. The business has a 50-day moving average of $33.79 and a two-hundred day moving average of $31.76. SEEK has a twelve month low of $25.72 and a twelve month high of $37.64.

SEEK Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 18th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.2179 per share. The ex-dividend date is Tuesday, March 19th.

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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