Nordex SE (OTCMKTS:NRDXF) Short Interest Update

Nordex SE (OTCMKTS:NRDXF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 870,100 shares, a decrease of 16.1% from the February 28th total of 1,036,500 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 4,350.5 days.

Nordex Price Performance

Nordex stock traded down $2.67 during mid-day trading on Tuesday, reaching $14.70. 150 shares of the company’s stock traded hands, compared to its average volume of 371. The stock has a 50 day moving average of $13.94 and a two-hundred day moving average of $13.92. Nordex has a 12-month low of $11.30 and a 12-month high of $18.71.

Nordex Company Profile

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.