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

SEEK Limited (OTCMKTS:SKLTYGet Rating) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 500 shares, a growth of 25.0% from the April 15th total of 400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 5.0 days.

Shares of OTCMKTS:SKLTY traded up $1.67 during trading on Tuesday, hitting $35.40. 162 shares of the stock were exchanged, compared to its average volume of 217. The company has a fifty day moving average price of $41.29 and a two-hundred day moving average price of $45.03. SEEK has a 12-month low of $33.73 and a 12-month high of $52.11.

The business also recently announced a dividend, which was paid on Friday, April 22nd. Investors of record on Wednesday, March 23rd were paid a $0.288 dividend. This represents a yield of 1.98%. The ex-dividend date of this dividend was Tuesday, March 22nd.

Separately, Jefferies Financial Group upgraded SEEK from a “hold” rating to a “buy” rating in a research report on Tuesday, February 15th.

SEEK Company Profile (Get Rating)

SEEK Limited, together with its subsidiaries, provides online employment marketplace services. It operates through Asia Pacific & Americas and Portfolio Investments segments. The company engages in the provision of online matching of hirers and candidates with career opportunities and other related services; investing in early stage businesses and technologies, which are in the human capital management market; and distribution and provision of higher education courses.

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