Naspers Limited (OTCMKTS:NPSNY) Sees Significant Decrease in Short Interest

Naspers Limited (OTCMKTS:NPSNY) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 45,300 shares, a decrease of 23.0% from the January 15th total of 58,800 shares. Based on an average daily volume of 83,200 shares, the days-to-cover ratio is currently 0.5 days.

Naspers Trading Up 2.4 %

OTCMKTS NPSNY opened at $46.93 on Friday. Naspers has a one year low of $31.00 and a one year high of $51.46. The firm has a 50 day simple moving average of $43.62 and a 200-day simple moving average of $43.82. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.07 and a quick ratio of 4.00.

Naspers Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, December 6th were paid a $0.1325 dividend. This is an increase from Naspers’s previous dividend of $0.07. The ex-dividend date of this dividend was Friday, December 6th.

Naspers Company Profile

Naspers Limited operates in the consumer internet industry in Africa, Asia, Europe, Latin America, North America. The company operates through Classifieds, Food Delivery, Payments and Fintech, Etail, Edtech, Social and Internet Platforms, Media24, and Other Ecommerce segments. It holds investments in classifieds, food delivery, payments and fintech, education, health, and ecommerce, as well as ventures, and social and internet platforms.