Nordic Semiconductor ASA (OTCMKTS:NDCVF) Sees Significant Decline in Short Interest

Nordic Semiconductor ASA (OTCMKTS:NDCVF) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 664,400 shares, a drop of 19.2% from the February 13th total of 822,600 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is presently 442.9 days.

Nordic Semiconductor ASA Stock Performance

OTCMKTS:NDCVF opened at $12.59 on Thursday. The business has a 50 day moving average of $11.47 and a 200 day moving average of $10.43. Nordic Semiconductor ASA has a 1-year low of $7.18 and a 1-year high of $14.50.

Nordic Semiconductor ASA Company Profile

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.