Nordex SE (OTCMKTS:NRDXF) Short Interest Up 41.6% in February

Nordex SE (OTCMKTS:NRDXF) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 1,047,200 shares, a growth of 41.6% from the January 31st total of 739,300 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 1,496.0 days.

Nordex Stock Performance

Shares of NRDXF remained flat at $13.45 during midday trading on Wednesday. The stock had a trading volume of 10 shares, compared to its average volume of 533. The firm has a 50 day moving average of $12.05 and a 200 day moving average of $13.61. Nordex has a 12 month low of $11.18 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.