Short Interest in Naspers Limited (OTCMKTS:NPSNY) Declines By 64.4%

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

Naspers Price Performance

Shares of OTCMKTS:NPSNY traded down $0.55 during midday trading on Monday, reaching $37.55. 40,776 shares of the company's stock were exchanged, compared to its average volume of 146,239. The company's 50 day simple moving average is $45.53 and its two-hundred day simple moving average is $43.36. Naspers has a 12 month low of $29.66 and a 12 month high of $51.46.

Naspers Increases Dividend

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

Naspers Company Profile

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.

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