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

Next PLC (OTCMKTS:NXGPY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 2,586 shares, a growth of 73.8% from the August 15th total of 1,488 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 342 shares, the days-to-cover ratio is currently 7.6 days.

Next Price Performance

Shares of NXGPY stock remained flat at $101.11 on Thursday. 266 shares of the company traded hands, compared to its average volume of 289. Next has a 1-year low of $81.52 and a 1-year high of $111.55. The firm’s fifty day moving average price is $104.00 and its two-hundred day moving average price is $94.99. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.80.

About Next

Next plc is a United Kingdom-based multichannel retailer that sells clothing, footwear, accessories, beauty products and home furnishings. The company markets products under the NEXT brand and also offers selected third-party brands through its retail stores, websites and catalog services.

Next serves customers primarily in the United Kingdom and Ireland, with international sales through online channels and operations in other markets. Its digital business supports home delivery, delivery-to-store and other fulfillment services, complementing a network of physical retail locations.

In addition to selling its own merchandise, Next provides technology, e-commerce and logistics services to selected third-party brands through its Total Platform proposition.