Short Interest in NEXTDC Limited (OTCMKTS:NXDCF) Increases By 19.4%

NEXTDC Limited (OTCMKTS:NXDCF) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 1,427,300 shares, a growth of 19.4% from the August 31st total of 1,195,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

NEXTDC Price Performance

Shares of OTCMKTS NXDCF remained flat at $11.75 during midday trading on Friday. The stock’s 50-day simple moving average is $8.99 and its two-hundred day simple moving average is $8.92. NEXTDC has a 12 month low of $6.81 and a 12 month high of $9.41.

About NEXTDC

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.