Short Interest in Next PLC (OTCMKTS:NXGPY) Expands By 110.8%

Next PLC (OTCMKTS:NXGPY) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 3,032 shares, an increase of 110.8% from the July 15th total of 1,438 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 693 shares, the days-to-cover ratio is currently 4.4 days.

Next Stock Performance

Next stock remained flat at $106.32 during midday trading on Friday. 164 shares of the company were exchanged, compared to its average volume of 460. Next has a 1 year low of $78.67 and a 1 year high of $107.52. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.15 and a current ratio of 1.76. The firm has a fifty day moving average of $100.09 and a two-hundred day moving average of $92.57.

About Next

Next is a UK-based retail group best known for its clothing, footwear and homeware offerings sold through a combination of physical stores, online channels and catalog services. The company markets predominantly its own-label fashion and lifestyle ranges across women’s, men’s and children’s apparel, together with footwear, accessories and home products. Its multi-channel model aims to integrate in-store merchandising with e-commerce and direct-to-consumer catalogue sales to reach a broad customer base.

Operations combine a network of domestic stores in the UK with international presence delivered largely through franchise and partner arrangements, plus a global e-commerce platform that ships to multiple markets.