Naspers Limited (OTCMKTS:NPSNY) Sees Significant Drop in Short Interest

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

Naspers Trading Up 6.2 %

Shares of Naspers stock traded up $2.90 on Friday, hitting $49.83. 140,321 shares of the company traded hands, compared to its average volume of 49,700. The stock’s 50 day moving average price is $43.63 and its 200-day moving average price is $43.97. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.00 and a current ratio of 4.07. Naspers has a 52 week low of $31.00 and a 52 week high of $51.46.

Naspers Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, December 6th were issued a dividend of $0.1325 per share. The ex-dividend date was Friday, December 6th. This is a positive change 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.