Naspers Limited (OTCMKTS:NPSNY) Short Interest Down 34.5% in November

Naspers Limited (OTCMKTS:NPSNY) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 32,100 shares, a decline of 34.5% from the October 31st total of 49,000 shares. Based on an average daily volume of 70,200 shares, the short-interest ratio is currently 0.5 days.

Naspers Stock Up 0.5 %

Shares of Naspers stock traded up $0.23 during trading on Thursday, hitting $45.49. 17,859 shares of the stock traded hands, compared to its average volume of 44,001. The company has a fifty day moving average price of $46.86 and a two-hundred day moving average price of $42.47. Naspers has a twelve month low of $29.51 and a twelve month high of $51.46.

Naspers Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, December 6th will be given a dividend of $0.1325 per share. This is a positive change from Naspers’s previous dividend of $0.07. The ex-dividend date of this dividend is Friday, December 6th.

About Naspers

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.