Nordex SE (OTCMKTS:NRDXF) Short Interest Update

Nordex SE (OTCMKTS:NRDXF) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 752,700 shares, an increase of 35.5% from the December 15th total of 555,400 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 1,881.8 days.

Nordex Price Performance

Nordex stock remained flat at $12.40 during mid-day trading on Thursday. 44 shares of the company were exchanged, compared to its average volume of 491. Nordex has a 52 week low of $9.85 and a 52 week high of $16.90. The company’s 50 day moving average price is $12.74 and its 200-day moving average price is $13.94.

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.