Nagarro SE (OTCMKTS:NGRRF) Sees Large Drop in Short Interest

Nagarro SE (OTCMKTS:NGRRF) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 165,400 shares, a drop of 17.8% from the October 15th total of 201,200 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 206.8 days.

Nagarro Stock Performance

OTCMKTS NGRRF traded up $0.61 during trading hours on Friday, hitting $95.48. 90 shares of the company’s stock traded hands, compared to its average volume of 259. Nagarro has a 52 week low of $71.86 and a 52 week high of $106.00. The business’s fifty day moving average price is $93.99 and its two-hundred day moving average price is $87.93.

Nagarro Company Profile

Nagarro SE, together with its subsidiaries, provides digital product engineering and technology solutions in North America, Central Europe, rest of Europe, and internationally. The company provides accelerated quality and test engineering; API and integration; application managed services; artificial intelligence, data and analytics; cloud, CRM, DevOps; digital experiences, insights, and ventures; ECM and portals; enterprise agile; enterprise architecture consulting; finops; identity and access management; innovation; low code; mobility solutions; products, resilience, and site reliability engineering; technical communications; and training services.