Naspers Limited (OTCMKTS:NPSNY) Short Interest Up 25.6% in March

Naspers Limited (OTCMKTS:NPSNY) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 10,300 shares, an increase of 25.6% from the March 15th total of 8,200 shares. Based on an average daily volume of 59,400 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Naspers to a “strong-buy” rating in a report on Tuesday, March 25th.

Naspers Trading Down 0.6 %

Shares of NPSNY opened at $47.90 on Tuesday. Naspers has a twelve month low of $35.36 and a twelve month high of $54.36. The company has a quick ratio of 4.00, a current ratio of 4.07 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average price is $49.36 and its two-hundred day moving average price is $46.60.

Naspers Company Profile

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.