Next Co., Ltd. (OTCMKTS:NXCLF) Short Interest Update

Key Points

• Next Co., Ltd. experienced a significant increase in short interest, rising by 127.0% in August, with a total of 86,500 shares short sold by the end of the month.
• The company's stock price remained steady at $1.25, with a market capitalization of $160 million and a P/E ratio of -5.95.
• Next holds a quick ratio and a current ratio of 3.16, indicating strong liquidity despite a substantial short interest.

Next Co., Ltd. (OTCMKTS:NXCLF - ) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 86,500 shares, a growth of 127.0% from the August 15th total of 38,100 shares. Currently, 0.1% of the company's shares are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.1% of the company's shares are short sold.

Next Price Performance

Shares of OTCMKTS:NXCLF remained flat at $1.25 during midday trading on Friday. The business has a 50-day simple moving average of $1.20 and a two-hundred day simple moving average of $0.99. The company has a quick ratio of 3.16, a current ratio of 3.16 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $160 million, a P/E ratio of -5.95 and a beta of -0.13. Next has a 12-month low of $0.88 and a 12-month high of $1.25.

About Next

LIFULL Co,Ltd. provides real estate information services in Japan and internationally. It offers LIFULL HOME'S, a site of real estate and housing information; LIFULL Revitalize Rural Japan that suggests new lifestyles to people in Japan based on the refurbishment of abandoned houses; LIFULL Move, which provides rankings and reviews of moving companies; LIFULL Nursing Care, a special care facility searching web service; and LIFULL Investment, a money lending website.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.