Short Interest in Nordex SE (OTCMKTS:NRDXF) Decreases By 34.6%

Nordex SE (OTCMKTS:NRDXF) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 555,400 shares, a decrease of 34.6% from the November 30th total of 848,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,554.0 days.

Nordex Stock Performance

Shares of NRDXF stock remained flat at $11.60 during trading on Monday. Nordex has a 12 month low of $9.85 and a 12 month high of $16.90. The company has a 50-day moving average price of $13.29 and a 200-day moving average price of $14.24.

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.