NEXT plc (OTCMKTS:NXGPY) Short Interest Update

NEXT plc (OTCMKTS:NXGPY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 700 shares, a drop of 46.2% from the February 28th total of 1,300 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

NEXT Price Performance

Shares of OTCMKTS NXGPY remained flat at $70.00 during trading on Friday. The stock had a trading volume of 130 shares, compared to its average volume of 540. NEXT has a 12 month low of $56.00 and a 12 month high of $70.00. The business’s fifty day simple moving average is $62.57 and its 200-day simple moving average is $63.67.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded NEXT from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 14th.

About NEXT

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.