Short Interest in NIBE Industrier AB (publ) (OTCMKTS:NDRBF) Declines By 21.4%

NIBE Industrier AB (publ) (OTCMKTS:NDRBF) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 24,869,500 shares, a decrease of 21.4% from the August 15th total of 31,653,200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 124,347.5 days.

NIBE Industrier AB (publ) Stock Performance

Shares of NDRBF remained flat at $4.86 during mid-day trading on Friday. 15 shares of the stock traded hands, compared to its average volume of 3,678. The company has a 50-day moving average price of $4.39 and a 200-day moving average price of $4.73. NIBE Industrier AB has a 52-week low of $4.02 and a 52-week high of $7.43.

NIBE Industrier AB (publ) Company Profile

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally.