NORMA Group SE (OTCMKTS:NOEJF) Shares Shorted: Short Interest Down 57.1% in September

NORMA Group SE (OTCMKTS:NOEJF) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,866 shares, a drop of 57.1% from the September 15th total of 4,354 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

NORMA Group Stock Performance

NORMA Group stock traded up $0.16 during mid-day trading on Tuesday, hitting $16.90. The firm’s fifty day moving average is $16.83 and its 200-day moving average is $16.88. NORMA Group has a fifty-two week low of $16.90 and a fifty-two week high of $17.11.

About NORMA Group

NORMA Group SE is a Germany-based manufacturer of engineered joining and fluid-handling technology. The company develops and produces clamps, connectors, couplings, fluid-management systems and other components used to safely join, control and transport fluids and gases.

Its products are marketed under brands including NORMA, ABA, Breeze, CONNECTORS and SERFLEX. They serve a range of applications in mobility, water management, industrial manufacturing, construction and other sectors, including vehicle systems, water and wastewater infrastructure, irrigation, emissions control and industrial fluid-management equipment.

Based in Maintal, Germany, NORMA Group has built an international operating and distribution network serving customers across Europe, the Middle East and Africa, the Americas, and the Asia-Pacific region.