Next PLC (OTCMKTS:NXGPY) Sees Significant Growth in Short Interest

Next PLC (OTCMKTS:NXGPY) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 1,438 shares, an increase of 107.8% from the June 30th total of 692 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 405 shares, the days-to-cover ratio is presently 3.6 days.

Next Price Performance

Shares of Next stock remained flat at $102.57 on Thursday. The stock had a trading volume of 227 shares, compared to its average volume of 282. The business has a fifty day simple moving average of $96.18 and a two-hundred day simple moving average of $91.70. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.80. Next has a 12 month low of $78.67 and a 12 month high of $105.86.

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.