Next PLC (OTCMKTS:NXGPY) Sees Large Decline in Short Interest

Next PLC (OTCMKTS:NXGPY) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 692 shares, a decline of 36.9% from the June 15th total of 1,097 shares. Based on an average daily volume of 799 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the shares of the company are short sold.

Next Stock Performance

Shares of OTCMKTS:NXGPY traded up $2.83 on Friday, reaching $101.99. 285 shares of the company were exchanged, compared to its average volume of 722. 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 1-year low of $78.67 and a 1-year high of $101.99. The company has a 50-day moving average of $93.10 and a 200-day moving average of $91.11.

About Next

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.