Novozymes A/S (OTCMKTS:NVZMF) Sees Large Drop in Short Interest

Novozymes A/S (OTCMKTS:NVZMFGet Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 424,100 shares, a decrease of 17.3% from the June 30th total of 512,900 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 605.9 days.

Novozymes A/S Stock Performance

Shares of OTCMKTS NVZMF remained flat at $61.26 during mid-day trading on Monday. Novozymes A/S has a 52-week low of $38.85 and a 52-week high of $65.40. The business has a 50-day moving average of $60.91 and a two-hundred day moving average of $57.45.

About Novozymes A/S

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Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.

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