SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) Short Interest Down 45.8% in September

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 1,300 shares, a drop of 45.8% from the August 31st total of 2,400 shares. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded shares of SEEK from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company has an average rating of “Strong Buy”.

SEEK Stock Performance

Shares of SKLTY opened at $37.72 on Friday. SEEK has a twelve month low of $22.83 and a twelve month high of $40.12. The company has a 50 day moving average of $35.45 and a two-hundred day moving average of $31.29.

SEEK Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, October 17th. Shareholders of record on Friday, September 5th will be paid a $0.2284 dividend. This represents a yield of 117.0%. The ex-dividend date is Thursday, September 4th. SEEK’s dividend payout ratio (DPR) is 40.49%.

About SEEK

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.