Short Interest in Nordex SE (OTCMKTS:NRDXF) Grows By 47.1%

Nordex SE (OTCMKTS:NRDXF) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 739,300 shares, a growth of 47.1% from the January 15th total of 502,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 7,393.0 days.

Nordex Price Performance

Shares of NRDXF opened at $11.57 on Friday. Nordex has a twelve month low of $10.00 and a twelve month high of $16.90. The company has a 50 day moving average of $11.84 and a 200-day moving average of $13.70.

About Nordex

Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. It operates in Projects and Services segments. The company provides project development services, as well as acquires rights and creates the infrastructure required to construct wind power systems at suitable locations.