Next PLC (OTCMKTS:NXGPY) Short Interest Update

Next PLC (OTCMKTS:NXGPY) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,361 shares, a decline of 75.7% from the May 14th total of 5,605 shares. Based on an average trading volume of 1,717 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Next from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Next Stock Performance

Next stock remained flat at $93.24 during mid-day trading on Thursday. 66 shares of the company’s stock traded hands, compared to its average volume of 868. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.80. The business has a 50 day moving average of $89.08 and a 200 day moving average of $90.15. Next has a 1-year low of $78.67 and a 1-year high of $101.25.

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.