Nordex SE (OTCMKTS:NRDXF) Short Interest Update

Nordex SE (OTCMKTS:NRDXF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 752,700 shares, a growth 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 Stock Performance

Nordex stock remained flat at $12.40 during midday trading on Friday. Nordex has a fifty-two week low of $9.85 and a fifty-two week high of $16.90. The company has a 50 day moving average price of $12.66 and a 200-day moving average price of $13.90.

About Nordex

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.