NORMA Group SE (OTCMKTS:NOEJF) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 75.0% from the December 15th total of 400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

NOEJF stock remained flat at $$36.90 during midday trading on Wednesday. The business’s fifty day moving average price is $36.90. NORMA Group has a 52-week low of $36.90 and a 52-week high of $36.90.

Several research firms have recently issued reports on NOEJF. DZ Bank restated a “buy” rating on shares of NORMA Group in a research report on Thursday, December 10th. Berenberg Bank restated a “buy” rating on shares of NORMA Group in a research report on Tuesday, November 17th.

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. Its products are used in cooling system, air intake and induction, aviation, irrigation, marine, off-road, pharma and biotech, and road applications.

Recommended Story: What is a recession?

Receive News & Ratings for NORMA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NORMA Group and related companies with's FREE daily email newsletter.