Nordic Semiconductor ASA (OTC:NRSDY) Short Interest Up 200.0% in October

Nordic Semiconductor ASA (OTC:NRSDY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 300 shares, a growth of 200.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1.5 days.

Nordic Semiconductor ASA Price Performance

NRSDY opened at $15.62 on Friday. The stock’s 50 day moving average price is $15.91 and its two-hundred day moving average price is $13.79. Nordic Semiconductor ASA has a 12-month low of $8.55 and a 12-month high of $17.80.

Nordic Semiconductor ASA Company Profile

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.