Naspers Ltd. (OTCMKTS:NPSNY) Short Interest Update

Naspers Ltd. (OTCMKTS:NPSNY) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 473,376 shares, an increase of 33.1% from the January 29th total of 355,716 shares. Based on an average daily trading volume, of 474,370 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 474,370 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NPSNY. Barclays restated an “overweight” rating on shares of Naspers in a research report on Monday, December 8th. Wall Street Zen cut Naspers from a “buy” rating to a “hold” rating in a research report on Monday, February 23rd. Finally, Zacks Research raised Naspers from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

Naspers Stock Down 0.6%

OTCMKTS NPSNY opened at $11.18 on Monday. Naspers has a 52-week low of $8.34 and a 52-week high of $15.15. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average of $12.61 and a 200-day moving average of $28.67.

Naspers Company Profile

Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.

A defining moment in the company’s modern history was its early investment in China’s Tencent, which helped reshape Naspers into a significant global investor in internet companies.