Naspers Ltd. (OTCMKTS:NPSNY) Sees Large Increase in Short Interest

Naspers Ltd. (OTCMKTS:NPSNY - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 518,306 shares, a growth of 33.2% from the February 26th total of 389,180 shares. Based on an average daily volume of 495,564 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company's shares are short sold.Wall Street Analysts Forecast GrowthA number of research analysts have commented on the company. Wall Street Zen lowered Naspers from a "buy" rating to a "hold" rating in a research report on Monday, February 23rd. Zacks Research cut Naspers from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 24th. Finally, Barclays reiterated an "overweight" rating on shares of Naspers in a research report on Monday, December 8th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".Read Our Latest Report on NPSNYNaspers Stock Down 1.6%Shares of NPSNY stock opened at $10.07 on Friday. Naspers has a one year low of $8.34 and a one year high of $15.15. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30. The stock has a 50-day moving average of $11.54 and a 200-day moving average of $21.28. About Naspers (Get Free Report)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.Featured ArticlesFive stocks we like better than NaspersThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Naspers Right Now?Before you consider Naspers, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Naspers wasn't on the list.While Naspers currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here