NORMA Group SE (OTCMKTS:NOEJF) Short Interest Update

NORMA Group SE (OTCMKTS:NOEJF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 16,600 shares, a growth of 66.0% from the September 30th total of 10,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 166.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 166.0 days.

NORMA Group Stock Performance

Shares of NORMA Group stock opened at $20.25 on Monday. The company’s 50 day moving average price is $20.25 and its two-hundred day moving average price is $20.14. NORMA Group has a fifty-two week low of $19.25 and a fifty-two week high of $20.25.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of NORMA Group in a research note on Wednesday, August 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

NORMA Group Company Profile

NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. It also offers various products for stormwater management, landscape irrigation, and joining components for water infrastructure solutions.