NORMA Group SE (OTCMKTS:NOEJF) Sees Large Drop in Short Interest

NORMA Group SE (OTCMKTS:NOEJF) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 16,700 shares, a decrease of 24.8% from the October 31st total of 22,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

NORMA Group Price Performance

OTCMKTS:NOEJF remained flat at $20.15 during trading hours on Friday. NORMA Group has a one year low of $20.15 and a one year high of $20.15. The company’s 50 day moving average is $20.15 and its two-hundred day moving average is $19.23.

About NORMA Group

NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. It also offers various products for stormwater management, landscape irrigation, and joining components for water infrastructure solutions.