Next PLC (OTCMKTS:NXGPY) Sees Significant Increase in Short Interest

Next PLC (OTCMKTS:NXGPY) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 3,032 shares, an increase of 110.8% from the July 15th total of 1,438 shares. Based on an average daily volume of 693 shares, the short-interest ratio is presently 4.4 days. Approximately 0.0% of the shares of the stock are short sold.

Next Price Performance

NXGPY opened at $106.32 on Friday. The company has a fifty day moving average price of $100.09 and a 200-day moving average price of $92.57. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.15 and a current ratio of 1.76. Next has a one year low of $78.67 and a one year high of $107.52.

Next Company Profile

Next is a UK-based retail group best known for its clothing, footwear and homeware offerings sold through a combination of physical stores, online channels and catalog services. The company markets predominantly its own-label fashion and lifestyle ranges across women’s, men’s and children’s apparel, together with footwear, accessories and home products. Its multi-channel model aims to integrate in-store merchandising with e-commerce and direct-to-consumer catalogue sales to reach a broad customer base.

Operations combine a network of domestic stores in the UK with international presence delivered largely through franchise and partner arrangements, plus a global e-commerce platform that ships to multiple markets.