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

NORMA Group SE (OTCMKTS:NOEJF – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 615 shares, a decline of 67.0% from the September 30th total of 1,866 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

NORMA Group Price Performance

Shares of OTCMKTS NOEJF opened at $16.43 on Thursday. NORMA Group has a 12-month low of $16.43 and a 12-month high of $17.11. The company’s fifty day simple moving average is $16.80 and its 200 day simple moving average is $16.88.

NORMA Group Company Profile

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NORMA Group SE is a Germany-based manufacturer of engineered joining and fluid-handling technologies. The company develops and produces clamps, connectors, couplings, fluid-management components and related systems used to control, connect and secure pipes, hoses and other components.

Its products serve a range of markets, including automotive and transportation, water management, industrial manufacturing, infrastructure, agriculture and other applications requiring reliable fluid and thermal-management solutions.

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