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Naspers Limited (OTCMKTS:NPSNY) Sees Large Decline in Short Interest

Naspers Limited (OTCMKTS:NPSNY – Get Rating) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 29,700 shares, a drop of 52.6% from the April 30th total of 62,600 shares. Based on an average daily trading volume, of 271,800 shares, the days-to-cover ratio is […] ....

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Pick n Pay announces changes to its core retail brand

Pick n Pay has announced sweeping changes to its core retail brand and on-demand online delivery strategy as it ups the ante in the battle for market share in the highly competitive grocery sector. ....

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Has something fundamental gone wrong at Naspers?

Cut out the noise, and Tencent still looks vulnerable, says Tim Acker of Allan Gray. But that doesn't mean the long-term investor should shun Naspers/Prosus. ....

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