NORMA Group SE (OTCMKTS:NOEJF) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 100 shares, a decline of 75.0% from the December 15th total of 400 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
OTCMKTS:NOEJF remained flat at $$36.90 during trading hours on Wednesday. NORMA Group has a 1-year low of $36.90 and a 1-year high of $36.90. The business’s 50 day moving average price is $36.90.
Several research analysts recently weighed in on the company. Berenberg Bank reissued a “buy” rating on shares of NORMA Group in a research report on Tuesday, November 17th. DZ Bank reissued a “buy” rating on shares of NORMA Group in a research report on Thursday, December 10th.
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. Its products are used in cooling system, air intake and induction, aviation, irrigation, marine, off-road, pharma and biotech, and road applications.
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