Nordic Semiconductor ASA (OTC:NRSDY) Short Interest Update

Nordic Semiconductor ASA (OTC:NRSDY) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 100 shares, a decline of 85.7% from the May 15th total of 700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1.0 days.

Nordic Semiconductor ASA Stock Performance

Shares of OTC:NRSDY opened at $12.65 on Friday. The company has a fifty day simple moving average of $11.51 and a 200 day simple moving average of $10.55. Nordic Semiconductor ASA has a 12-month low of $8.55 and a 12-month high of $14.58.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.