Nordic Semiconductor ASA (OTCMKTS:NRSDY) Stock Short Interest Report for October

Nordic Semiconductor ASA (OTCMKTS:NRSDY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 20 shares. Based on an average trading volume of 87 shares, the short-interest ratio is presently 0.2 days.

Nordic Semiconductor ASA Stock Up 2.4%

Shares of OTCMKTS NRSDY traded up $0.44 during midday trading on Friday, hitting $18.80. 601 shares of the company’s stock were exchanged, compared to its average volume of 1,833. Nordic Semiconductor ASA has a 12-month low of $12.60 and a 12-month high of $23.40. The business’s fifty day moving average price is $18.09 and its two-hundred day moving average price is $17.33.

Nordic Semiconductor ASA Company Profile

Nordic Semiconductor ASA is a Norwegian fabless semiconductor company that develops wireless connectivity solutions for the Internet of Things (IoT). Headquartered in Trondheim, Norway, the company serves customers worldwide across consumer electronics, healthcare, industrial, automotive, and other connected-device markets.

Its product portfolio includes integrated circuits and development platforms supporting Bluetooth Low Energy, cellular IoT, Wi-Fi, Thread, Zigbee, Matter, and proprietary 2.4 GHz wireless protocols.