Nordicus Partners Corp (OTCMKTS:NORD) Stock Short Interest Rises 282.3%

Nordicus Partners Corp (OTCMKTS:NORD) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,869 shares, an increase of 282.3% from the September 30th total of 1,012 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 18,242 shares, the short-interest ratio is currently 0.2 days.

Nordicus Partners Stock Performance

Shares of NORD stock remained flat at $4.00 during mid-day trading on Wednesday. 1,244 shares of the stock were exchanged, compared to its average volume of 5,758. Nordicus Partners has a 1 year low of $1.48 and a 1 year high of $5.07. The stock has a market cap of $78.10 million, a price-to-earnings ratio of -14.30 and a beta of -0.12. The firm’s 50 day moving average price is $3.79.

Nordicus Partners (OTCMKTS:NORD) last released its earnings results on Monday, September 28th. The company reported ($0.05) earnings per share for the quarter.

About Nordicus Partners

Nordicus Partners Corporation is a business development and investment company focused on helping Nordic businesses pursue opportunities in North America. The company works at the intersection of strategy, market expansion and commercial partnerships.

Its services are centered on supporting companies with U.S. market entry, business development, strategic planning and access to potential partners, customers and investors. Nordicus Partners may also provide advisory support related to corporate growth and transactions.

The company’s activities are primarily oriented toward cross-border opportunities connecting businesses in the Nordic region with the United States and broader North American markets.