Netcompany Group A/S (OTCMKTS:NTCYF) Sees Significant Decline in Short Interest

Netcompany Group A/S (OTCMKTS:NTCYF) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 507,033 shares, a drop of 70.3% from the June 15th total of 1,707,355 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Netcompany Group A/S Price Performance

Shares of OTCMKTS NTCYF remained flat at $48.40 during mid-day trading on Monday. The firm’s 50 day moving average is $48.40 and its 200-day moving average is $48.51. Netcompany Group A/S has a 52 week low of $40.21 and a 52 week high of $49.82.

About Netcompany Group A/S

Netcompany Group A/S, an IT services company, delivers business critical IT solutions to public and private sector customers in Denmark, Norway, the United Kingdom, the Netherlands, Belgium, Luxembourg, Greece, and internationally. The company offers various platforms, including PULSE, a development platform for real-time, connected, data-driven operations; AMPLIO, an enterprise solution designed for the modern business landscape; AMI, a platform that connects businesses, authorities, and customers; and EASLEY, an AI-powered platform that uses advanced natural language processing for user interaction and output generation.