Spark New Zealand Ltd. (OTCMKTS:SPKKY) Short Interest Down 55.9% in February

Spark New Zealand Ltd. (OTCMKTS:SPKKY) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 4,421 shares, a drop of 55.9% from the February 12th total of 10,035 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 61,269 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 61,269 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Spark New Zealand Stock Performance

OTCMKTS:SPKKY opened at $6.67 on Thursday. Spark New Zealand has a one year low of $5.51 and a one year high of $7.93. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.35 and a quick ratio of 1.27. The company’s 50-day simple moving average is $6.63 and its 200 day simple moving average is $6.72.

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.