Short Interest in NEXTDC Limited (OTCMKTS:NXDCF) Increases By 32.2%

NEXTDC Limited (OTCMKTS:NXDCFGet Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 1,887,200 shares, an increase of 32.2% from the September 15th total of 1,427,300 shares. Based on an average trading volume of 79,000 shares, the short-interest ratio is currently 23.9 days.

NEXTDC Stock Performance

Shares of NXDCF stock opened at $11.75 on Tuesday. NEXTDC has a 1 year low of $11.75 and a 1 year high of $11.75. The stock’s 50 day simple moving average is $9.62 and its two-hundred day simple moving average is $9.14.

About NEXTDC

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NEXTDC Limited develops and operates data centers in Australia. The company offers Data Centre colocation solutions, such as rackspaces, cages and suites, rack spaces, private cages, private suites, high performance computing, remote hands, and amenities; mission critical spaces; data centre migration and relocation; e-waste recycling, IT asset destruction and disposal, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers.

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