Nordic Semiconductor ASA (OTCMKTS:NRSDY) Sees Significant Growth in Short Interest

Nordic Semiconductor ASA (OTCMKTS:NRSDY – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 20 shares. Based on an average daily volume of 87 shares, the short-interest ratio is presently 0.2 days.

Nordic Semiconductor ASA Price Performance

Shares of OTCMKTS:NRSDY opened at $18.80 on Monday. Nordic Semiconductor ASA has a 12-month low of $12.60 and a 12-month high of $23.40. The stock’s 50-day moving average price is $18.09 and its two-hundred day moving average price is $17.33.

Nordic Semiconductor ASA Company Profile

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Nordic Semiconductor ASA is a Norwegian fabless semiconductor company that develops wireless connectivity solutions for the Internet of Things (IoT). Headquartered in Trondheim, Norway, the company serves customers worldwide across consumer electronics, healthcare, industrial, automotive, and other connected-device markets.

Its product portfolio includes integrated circuits and development platforms supporting Bluetooth Low Energy, cellular IoT, Wi-Fi, Thread, Zigbee, Matter, and proprietary 2.4 GHz wireless protocols.

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