Nordex SE (OTCMKTS:NRDXF) Sees Large Growth in Short Interest

Nordex SE (OTCMKTS:NRDXF) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 739,300 shares, a growth of 47.1% from the January 15th total of 502,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 7,393.0 days.

Nordex Price Performance

NRDXF stock remained flat at $11.57 during trading on Friday. The business’s 50 day simple moving average is $11.84 and its 200 day simple moving average is $13.70. Nordex has a 12 month low of $10.00 and a 12 month high of $16.90.

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.