Nordex SE (OTCMKTS:NRDXF) Short Interest Update

Nordex SE (OTCMKTS:NRDXF) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 752,700 shares, an increase of 35.5% from the December 15th total of 555,400 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 1,881.8 days.

Nordex Price Performance

Shares of Nordex stock remained flat at $12.40 during trading on Thursday. The company had a trading volume of 44 shares, compared to its average volume of 491. Nordex has a 12 month low of $9.85 and a 12 month high of $16.90. The stock has a 50-day simple moving average of $12.74 and a 200-day simple moving average of $13.94.

About Nordex

Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. It operates in Projects and Services segments. The company provides project development services, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations.