Naspers Limited (OTCMKTS:NPSNY) Sees Large Decrease in Short Interest

Naspers Limited (OTCMKTS:NPSNY) was the target of a large decrease in short interest in January. As of January 31st, there was short interest totalling 45,300 shares, a decrease of 23.0% from the January 15th total of 58,800 shares. Based on an average daily volume of 83,200 shares, the short-interest ratio is presently 0.5 days.

Naspers Stock Performance

NPSNY traded up $2.90 on Friday, reaching $49.83. The stock had a trading volume of 140,321 shares, compared to its average volume of 49,700. Naspers has a fifty-two week low of $31.00 and a fifty-two week high of $51.46. The firm has a 50-day moving average of $43.63 and a 200-day moving average of $43.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.07 and a quick ratio of 4.00.

Naspers Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, December 6th were issued a $0.1325 dividend. The ex-dividend date of this dividend was Friday, December 6th. This is a boost from Naspers’s previous dividend of $0.07.

Naspers Company Profile

Naspers Limited operates in the consumer internet industry in Africa, Asia, Europe, Latin America, North America. The company operates through Classifieds, Food Delivery, Payments and Fintech, Etail, Edtech, Social and Internet Platforms, Media24, and Other Ecommerce segments. It holds investments in classifieds, food delivery, payments and fintech, education, health, and ecommerce, as well as ventures, and social and internet platforms.