Short Interest in NEXTDC Limited (OTCMKTS:NXDCF) Expands By 30.1%

NEXTDC Limited (OTCMKTS:NXDCF) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 2,470,000 shares, a growth of 30.1% from the March 15th total of 1,898,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 24,700.0 days.

NEXTDC Stock Performance

Shares of OTCMKTS NXDCF remained flat at $10.06 on Friday. The business has a fifty day moving average price of $10.06 and a two-hundred day moving average price of $10.68. NEXTDC has a 12-month low of $10.00 and a 12-month high of $11.75.

NEXTDC Company Profile

NEXTDC Limited develops and operates data centers in Australia. The company offers Data Centre colocation solutions, such as rackspaces, cages and suites, rack spaces, private cages, private suites, high performance computing, remote hands, and amenities; mission critical spaces; data centre migration and relocation; e-waste recycling, IT asset destruction and disposal, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers.