Next PLC (OTCMKTS:NXGPY) Short Interest Up 148.2% in February

Next PLC (OTCMKTS:NXGPY) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,385 shares, an increase of 148.2% from the January 29th total of 558 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 980 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 980 shares, the short-interest ratio is currently 1.4 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NXGPY. Zacks Research raised Next from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Jefferies Financial Group lowered Next from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Next Stock Performance

NXGPY stock opened at $88.93 on Friday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.74 and a quick ratio of 1.16. The company’s 50-day moving average is $92.03 and its 200-day moving average is $88.92. Next has a 1 year low of $62.60 and a 1 year high of $101.25.

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.