Next PLC (OTCMKTS:NXGPY) Sees Large Decline in Short Interest

Next PLC (OTCMKTS:NXGPY) saw a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 800 shares, adecreaseof38.5% from the July 31st total of 1,300 shares. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 3,700 shares, the days-to-cover ratio is presently 0.2 days.

Next Trading Up 4.4%

Shares of NXGPY traded up $3.60 during mid-day trading on Monday, reaching $85.00. The stock had a trading volume of 324 shares, compared to its average volume of 1,098. Next has a 12 month low of $57.26 and a 12 month high of $89.50. The business has a fifty day moving average of $82.96 and a 200 day moving average of $79.18. 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 firm also recently disclosed a dividend, which was paid on Monday, August 18th. Stockholders of record on Friday, July 4th were paid a $1.0009 dividend. This represents a dividend yield of 164.0%. This is a positive change from Next’s previous dividend of $0.85. The ex-dividend date of this dividend was Thursday, July 3rd.

About Next

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.