Spark New Zealand Limited (OTCMKTS:SPKKY) Short Interest Update

Spark New Zealand Limited (OTCMKTS:SPKKY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a drop of 70.8% from the February 29th total of 2,400 shares. Based on an average daily trading volume, of 53,400 shares, the short-interest ratio is currently 0.0 days.

Spark New Zealand Stock Down 0.9 %

OTCMKTS:SPKKY traded down $0.13 during trading hours on Thursday, hitting $14.12. 48,101 shares of the company’s stock traded hands, compared to its average volume of 28,386. Spark New Zealand has a 52 week low of $13.75 and a 52 week high of $16.70. The business’s fifty day simple moving average is $15.54 and its two-hundred day simple moving average is $15.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.27 and a quick ratio of 1.18.

Spark New Zealand Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.0618 per share. The ex-dividend date is Thursday, March 21st. This is a positive change from Spark New Zealand’s previous dividend of $0.06.

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.