Naspers Limited (OTCMKTS:NPSNY) Sees Significant Growth in Short Interest

Naspers Limited (OTCMKTS:NPSNY - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 32,800 shares, an increase of 218.4% from the March 31st total of 10,300 shares. Based on an average daily volume of 139,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Naspers to a "strong-buy" rating in a research report on Tuesday, March 25th.

Naspers Trading Up 4.8 %

NPSNY stock traded up $2.55 during midday trading on Friday, hitting $55.18. 23,795 shares of the company traded hands, compared to its average volume of 58,245. The business has a 50 day simple moving average of $49.48 and a 200-day simple moving average of $46.78. The company has a current ratio of 4.07, a quick ratio of 4.00 and a debt-to-equity ratio of 0.34. Naspers has a twelve month low of $36.00 and a twelve month high of $55.32.

About Naspers

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.