Short interest on SEEK Limited (OTCMKTS:SKLTY) falls 94.5%

SEEK Limited (OTCMKTS:SKLTY – Get Free Report ) received a significant drop in short interest in September. As of September 15th, there was short interest totaling 700 shares, down 94.5% from its August 31st total of 12,800 shares. Based on an average daily volume of 30,600 shares, the short interest rate is currently 0.0 days.

SEEK trades down 1.5%

OTCMKTS SKLTY traded down $0.49 during trading hours on Wednesday, hitting $33.30. 12,029 shares of the stock exchanged hands, compared to its average volume of 18,282. SEEK has a 12-month low of $25.72 and a 12-month high of $37.64. The stock has a 50-day moving average of $29.56 and a 200-day moving average of $30.42.

SEEK cuts dividends

The company also recently announced a dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, September 5th will be issued a $0.1697 dividend. The ex-dividend date of this dividend is Thursday, September 5.

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SEEK Limited, together with its subsidiaries, is engaged in providing online labor market services in Australia, South East Asia, Brazil, New Zealand, Mexico, United Kingdom, Europe and internationally. It operates through the segments ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio Investments and SEEK Growth Fund.

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