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

SEEK Limited (OTCMKTS:SKLTY) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 3,300 shares, a decrease of 19.5% from the November 15th total of 4,100 shares. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is presently 0.2 days.

SEEK Stock Up 0.6 %

OTCMKTS SKLTY traded up $0.19 on Friday, reaching $31.01. 16,760 shares of the company’s stock traded hands, compared to its average volume of 16,675. SEEK has a 12 month low of $26.13 and a 12 month high of $37.64. The stock has a 50-day simple moving average of $33.56 and a 200 day simple moving average of $31.11.

About SEEK

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.