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

NORMA Group SE (OTCMKTS:NOEJF) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 854 shares, a decrease of 56.6% from the June 30th total of 1,966 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

NORMA Group Price Performance

Shares of NORMA Group stock remained flat at $16.90 during trading on Tuesday. NORMA Group has a fifty-two week low of $16.90 and a fifty-two week high of $17.11. The company has a 50 day moving average price of $16.90 and a two-hundred day moving average price of $16.90.

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.