Next Co., Ltd. (OTCMKTS:NXCLF) Short Interest Down 64.0% in August

Next Co., Ltd. (OTCMKTS:NXCLF) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 35,671 shares, a drop of 64.0% from the August 15th total of 99,060 shares. Based on an average daily trading volume, of 18 shares, the days-to-cover ratio is presently 1,981.7 days. Currently, 0.0% of the company’s stock are sold short.

Next Price Performance

OTCMKTS NXCLF remained flat at $1.55 on Friday. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 0.31. Next has a one year low of $1.20 and a one year high of $1.58. The business’s fifty day moving average price is $1.57 and its 200 day moving average price is $1.50. The stock has a market capitalization of $198.61 million, a P/E ratio of 19.38 and a beta of -0.15.

Next (OTCMKTS:NXCLF) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.03 earnings per share (EPS) for the quarter. Next had a net margin of 11.37% and a return on equity of 12.31%. The company had revenue of $44.44 million for the quarter.

About Next

Next plc, trading over-the-counter under the symbol NXCLF, is a British multinational retailer specializing in fashion, footwear and home products. The company operates a network of physical stores across the United Kingdom and Ireland, complemented by a global e-commerce platform that serves customers in more than 70 countries. Next offers a broad range of branded and own-label apparel for men, women and children, as well as home furnishings, accessories and beauty products.

The origins of Next trace back to the 19th century tailoring business of Joseph Hepworth & Son, which gradually evolved into the modern Next brand first launched in 1982.