Naspers Ltd. (OTCMKTS:NPSNY) Sees Large Growth in Short Interest

Naspers Ltd. (OTCMKTS:NPSNY) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 223,200 shares, a growth of 726.7% from the September 30th total of 27,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 225,400 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 225,400 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on NPSNY shares. Wall Street Zen raised Naspers from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Zacks Research upgraded shares of Naspers from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Naspers has an average rating of “Buy”.

Naspers Price Performance

Shares of NPSNY opened at $14.66 on Thursday. Naspers has a twelve month low of $7.41 and a twelve month high of $15.15. The company has a debt-to-equity ratio of 0.30, a quick ratio of 3.43 and a current ratio of 3.48. The company has a 50 day moving average of $52.33 and a two-hundred day moving average of $56.88.

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.