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

NORMA Group SE (OTCMKTS:NOEJF) was the recipient of a large decrease in short interest during the month of 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 short-interest ratio is presently ∞ days.

NORMA Group Price Performance

NOEJF stock remained flat at $16.90 on Wednesday. The firm’s 50 day moving average price is $16.90 and its two-hundred day moving average price is $16.90. NORMA Group has a twelve month low of $16.90 and a twelve month high of $17.11.

NORMA Group Company Profile

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.