Nexans S.A. (OTCMKTS:NXPRF) Short Interest Update

Nexans S.A. (OTCMKTS:NXPRF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,500 shares, an increase of 25.0% from the February 28th total of 1,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 15.0 days.

Nexans Price Performance

OTCMKTS NXPRF remained flat at $110.27 during trading hours on Tuesday. The company’s fifty day moving average is $100.74 and its 200 day moving average is $115.85. Nexans has a twelve month low of $92.81 and a twelve month high of $147.60.

Nexans Company Profile

Nexans SA manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings.