Spark New Zealand Limited (OTCMKTS:SPKKY) Sees Large Drop in Short Interest

Spark New Zealand Limited (OTCMKTS:SPKKY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 100 shares, a decline of 75.0% from the February 13th total of 400 shares. Based on an average daily volume of 274,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Spark New Zealand Trading Up 0.2 %

Shares of SPKKY stock opened at $6.36 on Thursday. The company has a fifty day moving average price of $7.67 and a two-hundred day moving average price of $8.71. Spark New Zealand has a one year low of $6.11 and a one year high of $15.45. The company has a current ratio of 1.01, a quick ratio of 0.93 and a debt-to-equity ratio of 0.76.

Spark New Zealand Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 21st will be given a dividend of $0.0473 per share. The ex-dividend date of this dividend is Friday, March 21st.

About Spark New Zealand

Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service.