Naspers Limited (OTCMKTS:NPSNY) Short Interest Up 218.4% in April

Naspers Limited (OTCMKTS:NPSNY - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 32,800 shares, a growth of 218.4% from the March 31st total of 10,300 shares. Based on an average daily volume of 139,300 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company's shares are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Naspers to a "strong-buy" rating in a research note on Tuesday, March 25th.

Naspers Stock Up 2.9 %

Shares of OTCMKTS:NPSNY traded up $1.50 during mid-day trading on Friday, hitting $52.18. The stock had a trading volume of 47,728 shares, compared to its average volume of 59,894. The company's 50 day moving average is $49.43 and its 200-day moving average is $46.65. Naspers has a 12-month low of $36.00 and a 12-month high of $54.36. The company has a quick ratio of 4.00, a current ratio of 4.07 and a debt-to-equity ratio of 0.34.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.