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Naspers Ltd. (OTCMKTS:NPSNY) Sees Large Increase in Short Interest

Naspers logo with Consumer Discretionary background
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Key Points

  • Short interest jumped 33.2% to 518,306 shares as of March 13 (up from 389,180 on Feb 26), leaving a short-interest ratio of about 1.0 days while reported shorted shares represent approximately 0.0% of the company's shares.
  • Analyst sentiment has weakened recently: Wall Street Zen cut Naspers to a "hold" and Zacks to a "strong sell," while Barclays remains "overweight," leaving the MarketBeat average rating at Hold.
  • Naspers shares opened at $10.07 (one‑year range $8.34–$15.15) with a 50‑day moving average of $11.54 versus a 200‑day of $21.28, and the company shows strong liquidity (quick ratio 3.66, current ratio 3.72) and modest leverage (debt/equity 0.30).
  • Five stocks we like better than Naspers.

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 518,306 shares, a growth of 33.2% from the February 26th total of 389,180 shares. Based on an average daily volume of 495,564 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company's shares are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wall Street Zen lowered Naspers from a "buy" rating to a "hold" rating in a research report on Monday, February 23rd. Zacks Research cut Naspers from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 24th. Finally, Barclays reiterated an "overweight" rating on shares of Naspers in a research report on Monday, December 8th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".

Read Our Latest Report on NPSNY

Naspers Stock Down 1.6%

Shares of NPSNY stock opened at $10.07 on Friday. Naspers has a one year low of $8.34 and a one year high of $15.15. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $11.54 and a 200-day moving average of $21.28.

About Naspers

(Get Free Report)

Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.

A defining moment in the company's modern history was its early investment in China's Tencent, which helped reshape Naspers into a significant global investor in internet companies.

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