NEXT plc (OTCMKTS:NXGPY) Sees Large Increase in Short Interest

NEXT plc (OTCMKTS:NXGPY - Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 14,100 shares, a growth of 1,914.3% from the March 31st total of 700 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 4.5 days. Approximately 0.0% of the shares of the stock are sold short.

NEXT Stock Performance

Shares of NXGPY stock remained flat at $80.23 on Friday. 17 shares of the stock traded hands, compared to its average volume of 1,036. NEXT has a 1 year low of $56.12 and a 1 year high of $80.23. The company's fifty day moving average price is $69.00 and its 200-day moving average price is $64.94.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of NEXT from a "hold" rating to a "moderate buy" rating in a research note on Friday, March 14th.

NEXT Company Profile

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.

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