Next PLC (OTCMKTS:NXGPY) Stock Short Interest Rises 327.2%

Next PLC (OTCMKTS:NXGPY) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 10,081 shares, a growth of 327.2% from the September 30th total of 2,360 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,633 shares, the short-interest ratio is currently 3.8 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Next from a “hold” rating to a “strong sell” rating in a research note on Monday, October 12th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Next has a consensus rating of “Reduce”.

Next Price Performance

Shares of NXGPY stock opened at $103.69 on Friday. The stock has a fifty day moving average price of $101.68 and a 200 day moving average price of $95.18. Next has a 1 year low of $82.05 and a 1 year high of $111.55. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.80.

About Next

Next plc is a United Kingdom-based retailer offering clothing, footwear, accessories, beauty products and home furnishings. The company sells products through its portfolio of retail stores, websites and mobile platforms, serving customers in the U.K. and international markets.

Next also operates as a platform for selected third-party brands, providing services such as online retail, warehousing, delivery and customer support. Its broader activities include finance-related services associated with customer purchases and the licensing of the Next brand to international partners.

The company traces its origins to J.