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

NORMA Group SE (OTCMKTS:NOEJF) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,966 shares, a decrease of 68.0% from the June 15th total of 6,138 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

NORMA Group Price Performance

Shares of NOEJF remained flat at $16.90 during midday trading on Friday. NORMA Group has a 52-week low of $16.90 and a 52-week high of $17.11. The firm has a 50-day moving average price of $16.90 and a 200-day moving average price of $17.04.

About NORMA Group

NORMA Group SE is a Germany‐based specialist in engineered joining technology, offering a comprehensive range of clamps, connectors, fluid systems and assembly solutions. The company’s products are designed to support fluid and air transfer applications, meeting the rigorous demands of sectors such as automotive, commercial vehicles, aerospace, off‐highway, building and household appliances, as well as water management, oil and gas, and chemical processing. NORMA Group’s solutions include hose couplings, quick connectors, constant tension clamps and profile inverted flange systems, all engineered for reliability under pressure, temperature fluctuation and vibration.

Established in the mid‐20th century and headquartered in Maintal, Germany, NORMA Group has developed its global footprint through a combination of internal expansion and strategic acquisitions.