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

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

Nordex Stock Performance

Shares of NRDXF stock remained flat at $13.45 on Wednesday. 10 shares of the stock traded hands, compared to its average volume of 533. The company’s fifty day moving average price is $12.05 and its 200-day moving average price is $13.61. Nordex has a 1 year low of $11.18 and a 1 year 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.