Naspers Ltd. (OTCMKTS:NPSNY) Short Interest Update

Naspers Ltd. (OTCMKTS:NPSNY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 338,623 shares, an increase of 25.2% from the December 15th total of 270,440 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 181,336 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily trading volume, of 181,336 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.0% of the company’s shares are sold short.

Naspers Stock Down 2.6%

Shares of OTCMKTS NPSNY opened at $13.30 on Friday. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30. Naspers has a twelve month low of $7.83 and a twelve month high of $15.15. The stock has a fifty day simple moving average of $13.36 and a 200-day simple moving average of $39.59.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Zacks Research cut Naspers from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 13th. Barclays restated an “overweight” rating on shares of Naspers in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.