Nordic Semiconductor ASA (OTCMKTS:NDCVF) Short Interest Update

Nordic Semiconductor ASA (OTCMKTS:NDCVF) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 884,400 shares, a decline of 39.0% from the September 15th total of 1,449,100 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is currently 315.9 days.

Nordic Semiconductor ASA Price Performance

OTCMKTS NDCVF traded down $0.37 on Friday, reaching $8.96. The company had a trading volume of 5,120 shares, compared to its average volume of 4,506. The company’s fifty day moving average is $12.04 and its 200-day moving average is $11.82. Nordic Semiconductor ASA has a 1-year low of $7.18 and a 1-year high of $14.50.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.