Short Interest in Naspers Limited (OTCMKTS:NPSNY) Grows By 218.4%

Naspers Limited (OTCMKTS:NPSNY - Get Free Report) saw a large increase in short interest in 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 days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's shares are sold short.

Wall Street Analysts Forecast Growth

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

Naspers Stock Up 0.5 %

NPSNY traded up $0.27 during trading on Thursday, hitting $52.63. 32,156 shares of the stock traded hands, compared to its average volume of 58,665. Naspers has a 12-month low of $36.00 and a 12-month high of $54.36. The company has a current ratio of 4.07, a quick ratio of 4.00 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average of $49.48 and a 200 day moving average of $46.78.

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.