Naspers Limited (OTCMKTS:NPSNY) Sees Large Drop in Short Interest

Naspers Limited (OTCMKTS:NPSNY - Get Free Report) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 11,300 shares, a decline of 64.4% from the December 31st total of 31,700 shares. Based on an average daily volume of 86,100 shares, the days-to-cover ratio is currently 0.1 days.

Naspers Stock Up 1.0 %

NPSNY traded up $0.41 during trading hours on Friday, reaching $42.75. The company's stock had a trading volume of 54,560 shares, compared to its average volume of 78,659. Naspers has a fifty-two week low of $31.00 and a fifty-two week high of $51.46. The company has a current ratio of 4.07, a quick ratio of 4.00 and a debt-to-equity ratio of 0.34. The business's 50-day moving average is $44.03 and its 200-day moving average is $43.44.

Naspers Increases Dividend

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

About Naspers

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.