ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) Short Interest Up 66.1% in January

ProSiebenSat.1 Media SE (OTCMKTS:PBSFF) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,047,207 shares, an increase of 66.1% from the January 15th total of 630,567 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

ProSiebenSat.1 Media Stock Performance

Shares of PBSFF stock opened at $5.55 on Friday. The stock’s fifty day moving average price is $5.55 and its 200 day moving average price is $6.50. ProSiebenSat.1 Media has a 1-year low of $5.55 and a 1-year high of $8.96.

About ProSiebenSat.1 Media

ProSiebenSat.1 Media is a leading German mass-media company specializing in free-to-air television broadcasting, content production and digital entertainment services. The company operates a portfolio of national TV channels, including ProSieben, Sat.1 and Kabel Eins, which together reach millions of viewers in German-speaking Europe. Alongside its flagship linear channels, ProSiebenSat.1 offers video-on-demand platforms and streaming services that complement its broadcast schedules and cater to the increasing demand for on-demand content.

Founded through the consolidation of several regional broadcasters in the early 2000s, ProSiebenSat.1 has grown both organically and through strategic acquisitions.