NORMA Group SE (OTCMKTS:NOEJF) Short Interest Down 68.0% in June

NORMA Group SE (OTCMKTS:NOEJF) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,966 shares, a decline of 68.0% from the June 15th total of 6,138 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

NORMA Group Price Performance

OTCMKTS:NOEJF remained flat at $16.90 during trading hours on Friday. The company has a 50 day simple moving average of $16.90 and a two-hundred day simple moving average of $17.04. NORMA Group has a 1-year low of $16.90 and a 1-year high of $17.11.

NORMA Group Company Profile

NORMA Group SE is a Germany‐based specialist in engineered joining technology, offering a comprehensive range of clamps, connectors, fluid systems and assembly solutions. The company’s products are designed to support fluid and air transfer applications, meeting the rigorous demands of sectors such as automotive, commercial vehicles, aerospace, off‐highway, building and household appliances, as well as water management, oil and gas, and chemical processing. NORMA Group’s solutions include hose couplings, quick connectors, constant tension clamps and profile inverted flange systems, all engineered for reliability under pressure, temperature fluctuation and vibration.

Established in the mid‐20th century and headquartered in Maintal, Germany, NORMA Group has developed its global footprint through a combination of internal expansion and strategic acquisitions.