Spark New Zealand Ltd. (OTCMKTS:SPKKY) Sees Significant Increase in Short Interest

Spark New Zealand Ltd. (OTCMKTS:SPKKY) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 10,035 shares, an increase of 90.3% from the January 29th total of 5,274 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 40,384 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 40,384 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Spark New Zealand Stock Up 0.4%

Shares of SPKKY opened at $6.78 on Friday. The business’s fifty day moving average price is $6.60 and its 200 day moving average price is $6.77. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.27 and a current ratio of 1.35. Spark New Zealand has a 12-month low of $5.51 and a 12-month high of $7.93.

About Spark New Zealand

Spark New Zealand (OTCMKTS: SPKKY) is a leading telecommunications and digital services provider based in New Zealand. The company offers a wide range of products and services, including mobile voice and data plans, fixed-line telephony, broadband internet, and digital connectivity solutions. Spark’s portfolio also extends to cloud computing, managed IT services, cybersecurity, and software development, catering to both consumer and enterprise markets.

Originally established as Telecom New Zealand in 1987, the company underwent a major rebrand in 2014 to become Spark New Zealand, reflecting its strategic shift toward digital innovation and customer-centric services.