Next PLC (OTCMKTS:NXGPY) Short Interest Up 25.0% in August

Key Points

• Short interest in Next PLC (NXGPY) rose by 25.0% in August, bringing the total to 1,000 shares sold short.
• Next PLC recently increased its dividend to $1.0009 per share, representing a yield of 164.0%, up from the previous dividend of $0.85.
• The stock's current trading price is $81.59, with a 12-month low of $57.26 and a high of $89.50.

Next PLC (OTCMKTS:NXGPY - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,000 shares, an increase of 25.0% from the August 15th total of 800 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 3.3 days. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 3.3 days. Approximately 0.0% of the company's stock are sold short.

Next Stock Performance

Shares of OTCMKTS NXGPY remained flat at $81.59 during midday trading on Friday. 355 shares of the stock traded hands, compared to its average volume of 198. The firm's 50 day moving average is $82.21 and its 200 day moving average is $80.39. Next has a 52-week low of $57.26 and a 52-week high of $89.50. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.14 and a current ratio of 1.69.

Next Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 18th. Investors of record on Friday, July 4th were given a dividend of $1.0009 per share. This represents a yield of 164.0%. This is a positive change from Next's previous dividend of $0.85. The ex-dividend date was Thursday, July 3rd.

Next Company Profile

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.