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

SEEK Limited (OTCMKTS:SKLTYGet Free Report) saw a significant growth in short interest in 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 daily volume of 19,400 shares, the days-to-cover ratio is currently 0.4 days.

SEEK Trading Up 0.7 %

Shares of OTCMKTS SKLTY traded up $0.22 during mid-day trading on Thursday, hitting $33.38. 14,402 shares of the stock traded hands, compared to its average volume of 8,385. SEEK has a 52 week low of $25.72 and a 52 week high of $37.64. The stock has a fifty day moving average price of $33.79 and a 200-day moving average price of $31.76.

SEEK Cuts Dividend

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

Featured Stories

Receive News & Ratings for SEEK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEEK and related companies with MarketBeat.com's FREE daily email newsletter.