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

Nexans S.A. (OTCMKTS:NXPRF) was the recipient 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 volume of 100 shares, the short-interest ratio is currently 15.0 days.

Nexans Price Performance

NXPRF stock opened at $110.27 on Thursday. Nexans has a 12 month low of $92.81 and a 12 month high of $147.60. The firm’s 50-day moving average is $101.28 and its 200 day moving average is $115.69.

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.