Naspers Limited (OTCMKTS:NPSNY) Sees Large Decrease in Short Interest

Naspers Limited (OTCMKTS:NPSNY) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 45,300 shares, a decline of 23.0% from the January 15th total of 58,800 shares. Based on an average trading volume of 83,200 shares, the days-to-cover ratio is presently 0.5 days.

Naspers Stock Up 6.2 %

Shares of OTCMKTS NPSNY traded up $2.90 during midday trading on Friday, hitting $49.83. 140,321 shares of the company’s stock were exchanged, compared to its average volume of 49,700. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07. Naspers has a 12 month low of $31.00 and a 12 month high of $51.46. The company’s 50 day moving average price is $43.63 and its 200 day moving average price is $43.97.

Naspers Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Investors of record on Friday, December 6th were paid a $0.1325 dividend. The ex-dividend date was Friday, December 6th. This is an increase from Naspers’s previous dividend of $0.07.

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.