Short Interest in Nagarro SE (OTCMKTS:NGRRF) Declines By 17.8%

Nagarro SE (OTCMKTS:NGRRF) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 165,400 shares, a decrease of 17.8% from the October 15th total of 201,200 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 206.8 days.

Nagarro Price Performance

Shares of NGRRF stock remained flat at $95.48 on Friday. The business has a 50-day moving average of $94.59 and a 200 day moving average of $88.10. Nagarro has a 1 year low of $71.86 and a 1 year high of $106.00.

About Nagarro

Nagarro SE, together with its subsidiaries, provides digital product engineering and technology solutions in North America, Central Europe, rest of Europe, and internationally. The company provides accelerated quality and test engineering; API and integration; application managed services; artificial intelligence, data and analytics; cloud, CRM, DevOps; digital experiences, insights, and ventures; ECM and portals; enterprise agile; enterprise architecture consulting; finops; identity and access management; innovation; low code; mobility solutions; products, resilience, and site reliability engineering; technical communications; and training services.