NKT A/S (OTCMKTS:NRKBF – Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 40,800 shares, a growth of 31.6% from the March 15th total of 31,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.
NKT A/S Stock Performance
Shares of OTCMKTS:NRKBF remained flat at $78.05 during trading on Friday. The business has a 50-day moving average of $78.05 and a 200-day moving average of $82.89. NKT A/S has a 12 month low of $78.05 and a 12 month high of $95.91.
Analyst Upgrades and Downgrades
Separately, Barclays upgraded NKT A/S from an “underweight” rating to an “overweight” rating in a research note on Tuesday, April 15th.
About NKT A/S
NKT A/S develops, manufactures, and markets cables, accessories, and solutions in Denmark and internationally. It operates through Solutions, Applications, and Service & Accessories segments. The company offers high voltage cable solutions, including high voltage onshore and offshore cables; medium voltage, dynamic, and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables.
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