SEEK Limited (OTCMKTS:SKLTY) Short Interest Down 67.4% in October

SEEK Limited (OTCMKTS:SKLTYGet Free Report) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,500 shares, a decline of 67.4% from the October 15th total of 13,800 shares. Based on an average daily volume of 21,000 shares, the days-to-cover ratio is currently 0.2 days.

SEEK Price Performance

Shares of SKLTY stock traded down $0.83 during trading hours on Wednesday, hitting $32.53. 39,428 shares of the company’s stock were exchanged, compared to its average volume of 17,387. SEEK has a 52 week low of $26.13 and a 52 week high of $37.64. The stock’s 50-day moving average is $32.97 and its 200-day moving average is $30.63.

SEEK Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 5th were given a $0.1697 dividend. The ex-dividend date was Thursday, September 5th.

About SEEK

(Get Free Report)

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.

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