ProSiebenSat.1 Media SE (OTCMKTS:PBSFY) Short Interest Drops Significantly in January

ProSiebenSat.1 Media SE (OTCMKTS:PBSFY - Get Free Report) experienced a noteworthy decline in short interest throughout January. By January 31st, the total short interest for the company stood at 4,200 shares. This marks a significant decrease of 28.8% from the earlier total of 5,900 shares recorded on January 15th. With an average daily trading volume of 2,800 shares, the current days-to-cover ratio is approximately 1.5 days.

Recent Analyst Ratings

In a separate development, Barclays has upgraded ProSiebenSat.1 Media to a "strong-buy" rating in a report released on November 18th. This upgrade reflects confidence in the company’s future performance and market positioning.

Market Performance of ProSiebenSat.1 Media

On a recent trading day, the shares of PBSFY saw an increase of 1.4%, rising by $0.02 to reach a price of $1.41. During this trading session, a total of 10,046 shares exchanged hands, which is significantly higher compared to the average volume of 989 shares. The company currently boasts a market capitalization of $1.28 billion and possesses a PE ratio of -28.19, accompanied by a beta of 1.49. Over the past year, ProSiebenSat.1 Media's stock has fluctuated between a low of $1.14 and a high of $2.11. Financially, the company shows a quick ratio of 0.88 and a current ratio of 0.95, along with a debt-to-equity ratio of 1.35. The stock has a fifty-day moving average of $1.32 and a 200-day moving average of $1.44.

About ProSiebenSat.1 Media SE

ProSiebenSat.1 Media SE operates as a media conglomerate not just within Germany but also in Austria, Switzerland, and the United States, among other regions. The company is divided into three main segments: Entertainment, Dating & Video, and Commerce & Ventures. Its Entertainment segment operates various free television stations and digital platforms, which include SAT.1, ProSieben, Kabel Eins, and several others.

Investment Considerations

Investors are often curious about potential stock investments. Market analysts keep track of trending stocks and make recommendations based on market conditions. While ProSiebenSat.1 Media currently holds a "Strong Buy" rating, some analysts suggest other stocks could offer more favorable investment opportunities at this time.

ProSiebenSat.1, stocks, short, interest, market, performance