Naspers Limited (OTCMKTS:NPSNY) Short Interest Up 43.3% in May

Naspers Limited (OTCMKTS:NPSNY - Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 23,500 shares, a growth of 43.3% from the April 30th total of 16,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 43,000 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

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

Naspers Stock Performance

Shares of OTCMKTS NPSNY traded up $0.16 during midday trading on Thursday, reaching $60.81. 27,222 shares of the company were exchanged, compared to its average volume of 51,169. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07. Naspers has a 1 year low of $36.00 and a 1 year high of $61.40. The stock has a fifty day simple moving average of $52.63 and a 200 day simple moving average of $48.55.

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.