Naspers Ltd. (OTCMKTS:NPSNY) Short Interest Up 554.9% in August

Key Points

• Naspers Ltd. experienced a dramatic increase in short interest by 554.9% in August, rising from 7,100 to 46,500 shares.
• The company's stock price rose 2.0%, reaching $67.64, amid a trading volume of 20,249 shares.
• Naspers operates in various consumer internet sectors, including classifies, food delivery, payments, and fintech, across multiple regions worldwide.

Naspers Ltd. (OTCMKTS:NPSNY - ) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 46,500 shares, a growth of 554.9% from the August 15th total of 7,100 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the company's shares are short sold.

Naspers Stock Up 2.0%

NPSNY stock traded up $1.33 during midday trading on Thursday, hitting $67.64. The company's stock had a trading volume of 20,249 shares, compared to its average volume of 38,703. The firm has a 50-day simple moving average of $64.01 and a 200-day simple moving average of $57.42. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.43 and a current ratio of 3.48. Naspers has a 52-week low of $37.06 and a 52-week high of $67.99.

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.

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