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

NEXTDC Limited (OTCMKTS:NXDCF) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,427,300 shares, an increase 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 Stock Performance

NXDCF remained flat at $11.75 during trading on Friday. The company has a fifty day simple moving average of $8.99 and a two-hundred day simple moving average of $8.92. NEXTDC has a 1-year low of $6.81 and a 1-year 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.