NEXT plc (OTCMKTS:NXGPY) Short Interest Down 46.2% in March

NEXT plc (OTCMKTS:NXGPY) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 46.2% from the February 28th total of 1,300 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.0% of the shares of the stock are short sold.

NEXT Stock Performance

NXGPY stock traded up $5.76 during midday trading on Friday, hitting $70.00. 1,684 shares of the stock were exchanged, compared to its average volume of 540. NEXT has a fifty-two week low of $56.00 and a fifty-two week high of $70.00. The stock’s 50-day moving average price is $62.34 and its 200-day moving average price is $63.66.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded shares of NEXT from a “hold” rating to a “moderate buy” rating in a research report on Friday, March 14th.

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.