Next PLC (OTCMKTS:NXGPY) Short Interest Down 40.5% in January

Next PLC (OTCMKTS:NXGPY) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 558 shares, a drop of 40.5% from the January 15th total of 938 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,015 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 1,015 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Next Stock Down 1.2%

Shares of NXGPY stock opened at $87.83 on Friday. The stock’s fifty day moving average price is $92.74 and its 200 day moving average price is $88.55. Next has a 1-year low of $62.60 and a 1-year high of $101.25. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.16 and a current ratio of 1.74.

Analyst Ratings Changes

NXGPY has been the topic of a number of recent research reports. Jefferies Financial Group downgraded shares of Next from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Zacks Research raised Next from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy”.

About Next

Next is a UK-based retail group best known for its clothing, footwear and homeware offerings sold through a combination of physical stores, online channels and catalog services. The company markets predominantly its own-label fashion and lifestyle ranges across women’s, men’s and children’s apparel, together with footwear, accessories and home products. Its multi-channel model aims to integrate in-store merchandising with e-commerce and direct-to-consumer catalogue sales to reach a broad customer base.

Operations combine a network of domestic stores in the UK with international presence delivered largely through franchise and partner arrangements, plus a global e-commerce platform that ships to multiple markets.