Spark New Zealand Limited (OTCMKTS:SPKKY) Short Interest Update

Spark New Zealand Limited (OTCMKTS:SPKKY) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 700 shares, a decline of 70.8% from the February 29th total of 2,400 shares. Based on an average daily trading volume, of 53,400 shares, the short-interest ratio is currently 0.0 days.

Spark New Zealand Stock Performance

SPKKY traded down $0.13 on Thursday, reaching $14.12. The stock had a trading volume of 48,101 shares, compared to its average volume of 28,386. Spark New Zealand has a fifty-two week low of $13.75 and a fifty-two week high of $16.70. The firm has a 50-day moving average of $15.54 and a 200-day moving average of $15.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.27 and a quick ratio of 1.18.

Spark New Zealand Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 22nd will be issued a $0.0618 dividend. The ex-dividend date of this dividend is Thursday, March 21st. This is a boost from Spark New Zealand’s previous dividend of $0.06.

Spark New Zealand Company Profile

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service.