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

NEXT plc (OTCMKTS:NXGPY) was the target of a significant decrease in short interest during 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Ratings Changes

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 Stock Performance

Shares of OTCMKTS NXGPY traded up $5.76 during trading on Friday, reaching $70.00. The company had a trading volume of 1,684 shares, compared to its average volume of 540. NEXT has a twelve month low of $56.00 and a twelve month high of $70.00. The stock has a 50-day moving average price of $62.34 and a two-hundred day moving average price of $63.66.

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.