Spark New Zealand Ltd. (OTCMKTS:SPKKY) Short Interest Update

Spark New Zealand Ltd. (OTCMKTS:SPKKY) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,623 shares, a growth of 7,628.6% from the April 30th total of 21 shares. Based on an average daily trading volume, of 54,972 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Spark New Zealand Stock Performance

SPKKY traded down $0.07 during trading on Wednesday, hitting $5.63. 36,063 shares of the company traded hands, compared to its average volume of 31,135. The stock’s 50-day simple moving average is $6.10 and its two-hundred day simple moving average is $6.39. Spark New Zealand has a 1 year low of $5.56 and a 1 year high of $7.93.

About Spark New Zealand

Spark New Zealand (OTCMKTS: SPKKY) is a leading telecommunications and digital services provider based in New Zealand. The company offers a wide range of products and services, including mobile voice and data plans, fixed-line telephony, broadband internet, and digital connectivity solutions. Spark’s portfolio also extends to cloud computing, managed IT services, cybersecurity, and software development, catering to both consumer and enterprise markets.

Originally established as Telecom New Zealand in 1987, the company underwent a major rebrand in 2014 to become Spark New Zealand, reflecting its strategic shift toward digital innovation and customer-centric services.