Nordex SE (OTCMKTS:NRDXF) Short Interest Update

Nordex SE (OTCMKTS:NRDXF) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 870,100 shares, a drop of 16.1% from the February 28th total of 1,036,500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 4,350.5 days.

Nordex Trading Down 15.4 %

Shares of NRDXF stock traded down $2.67 on Tuesday, reaching $14.70. The company’s stock had a trading volume of 150 shares, compared to its average volume of 371. The stock’s 50 day simple moving average is $13.94 and its 200-day simple moving average is $13.92. Nordex has a 12-month low of $11.30 and a 12-month high of $18.71.

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.