Short Interest in NEXT plc (OTCMKTS:NXGPY) Drops By 46.2%

NEXT plc (OTCMKTS:NXGPY - Get Free Report) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 46.2% from the February 28th total of 1,300 shares. Based on an average daily volume of 600 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the stock are sold short.

NEXT Stock Performance

Shares of OTCMKTS:NXGPY remained flat at $70.00 on Tuesday. 182 shares of the stock traded hands, compared to its average volume of 540. The company has a fifty day moving average of $62.81 and a 200 day moving average of $63.69. NEXT has a 52 week low of $56.00 and a 52 week high of $70.00.

Wall Street Analyst Weigh In

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

About NEXT

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.