Short Interest in Next PLC (OTCMKTS:NXGPY) Expands By 110.8%

Next PLC (OTCMKTS:NXGPY) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,032 shares, an increase of 110.8% from the July 15th total of 1,438 shares. Based on an average daily volume of 693 shares, the short-interest ratio is presently 4.4 days. Currently, 0.0% of the company’s stock are short sold.

Next Price Performance

Shares of NXGPY remained flat at $106.32 during midday trading on Friday. The stock had a trading volume of 164 shares, compared to its average volume of 460. The business has a 50-day simple moving average of $100.09 and a 200 day simple moving average of $92.57. Next has a 52 week low of $78.67 and a 52 week high of $107.52. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.76 and a quick ratio of 1.15.

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.