Nordex SE (OTCMKTS:NRDXF) Short Interest Down 16.1% in March

Nordex SE (OTCMKTS:NRDXF) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 870,100 shares, a drop of 16.1% from the February 28th total of 1,036,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 4,350.5 days.

Nordex Price Performance

Shares of Nordex stock remained flat at $14.70 during trading hours on Thursday. The stock had a trading volume of 8 shares, compared to its average volume of 371. Nordex has a 1 year low of $11.30 and a 1 year high of $18.71. The stock’s 50-day moving average is $14.03 and its two-hundred day moving average is $13.92.

Nordex Company Profile

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.