NEXTDC Limited (OTCMKTS:NXDCF) Short Interest Up 27.5% in February

NEXTDC Limited (OTCMKTS:NXDCF) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 2,079,400 shares, an increase of 27.5% from the February 13th total of 1,631,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 20,794.0 days.

NEXTDC Price Performance

Shares of OTCMKTS:NXDCF remained flat at $10.06 during midday trading on Monday. The company has a 50-day moving average of $10.06 and a two-hundred day moving average of $10.58. NEXTDC has a 12-month low of $10.00 and a 12-month high of $11.75.

About NEXTDC

NEXTDC Limited develops and operates data centers in Australia. The company offers Data Centre colocation solutions, such as rackspaces, cages and suites, rack spaces, private cages, private suites, high performance computing, remote hands, and amenities; mission critical spaces; data centre migration and relocation; e-waste recycling, IT asset destruction and disposal, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers.