Short Interest in NEXTDC Limited (OTCMKTS:NXDCF) Rises By 20.4%

NEXTDC Limited (OTCMKTS:NXDCF) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 2,170,100 shares, an increase of 20.4% from the November 15th total of 1,802,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

NEXTDC Price Performance

Shares of NEXTDC stock remained flat at $11.75 on Friday. NEXTDC has a 12 month low of $11.75 and a 12 month high of $11.75. The stock’s 50-day moving average is $11.75 and its 200 day moving average is $10.02.

NEXTDC Company Profile

NEXTDC Limited develops and operates data centers in Australia. The company offers Data Centre colocation solutions, such as rackspaces, cages and suites, rack spaces, private cages, private suites, high performance computing, remote hands, and amenities; mission critical spaces; data centre migration and relocation; e-waste recycling, IT asset destruction and disposal, and carbon neutral solutions; build-to-suit and wholesale data center solutions; disaster recovery and business continuity solutions; security and compliance solutions; and edge data centers.