SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) Sees Large Growth in Short Interest

SEEK Limited – Unsponsored ADR (OTCMKTS:SKLTY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 927 shares, a growth of 105.1% from the September 30th total of 452 shares. Based on an average daily volume of 9,837 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

SEEK Price Performance

Shares of SKLTY stock opened at $18.80 on Friday. The company’s fifty day simple moving average is $18.25 and its 200-day simple moving average is $20.65. SEEK has a 52 week low of $15.43 and a 52 week high of $35.42.

Analyst Ratings Changes

Separately, Zacks Research raised shares of SEEK from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, SEEK presently has a consensus rating of “Hold”.

SEEK Company Profile

SEEK Limited is an Australia-based online employment marketplace and education services company. Through its digital platforms, the company connects job seekers with employers and provides tools for advertising vacancies, searching for candidates and managing recruitment activities.

SEEK also operates education-related businesses that help users find and compare courses and training opportunities. Its employment marketplaces serve employers, recruiters, students and job seekers across Australia and New Zealand, with the broader SEEK group also holding interests in employment and education platforms in selected international markets.

Founded in 1997, SEEK has expanded from an Australian job-listing website into a broader employment and education technology business.