Next PLC (OTCMKTS:NXGPY) Stock Short Interest Report for October

Next PLC (OTCMKTS:NXGPY) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 194 shares, a drop of 98.1% from the October 15th total of 10,081 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 733 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

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

Next Price Performance

OTCMKTS:NXGPY remained flat at $103.80 during trading hours on Tuesday. The company had a trading volume of 581 shares, compared to its average volume of 642. Next has a fifty-two week low of $82.05 and a fifty-two week high of $111.55. The stock has a fifty day simple moving average of $101.21 and a two-hundred day simple moving average of $95.52.

Next Company Profile

Next plc is a British retailer of clothing, footwear, accessories and home products. Its NEXT brand sells through physical stores and online, while its digital platforms also offer products from other brands. The company additionally operates brands including Lipsy and provides online retail and logistics services to selected third parties. The business traces its roots to J. Hepworth & Son, a menswear company established in 1864. It adopted the Next name in 1982 as it expanded into fashion retail.