SEEK Limited (OTCMKTS:SKLTY) Sees Large Increase in Short Interest

SEEK Limited (OTCMKTS:SKLTY – Get Rating) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 14,600 shares, an increase of 128.1% from the April 30th total of 6,400 shares. Based on an average trading volume of 22,600 shares, the short-interest ratio is presently 0.6 days.

SEEK Price Performance

SKLTY stock traded up $0.28 during midday trading on Friday, reaching $31.52. The stock had a trading volume of 9,925 shares, compared to its average volume of 11,534. SEEK has a twelve month low of $24.18 and a twelve month high of $36.39. The business has a fifty day simple moving average of $32.32 and a two-hundred day simple moving average of $31.49.

SEEK Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 20th. Stockholders of record on Wednesday, March 22nd were paid a $0.2903 dividend. This represents a dividend yield of 1.73%. The ex-dividend date of this dividend was Tuesday, March 21st. This is a positive change from SEEK’s previous dividend of $0.26.

About SEEK

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SEEK Limited, together with its subsidiaries, provides 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.