NORMA Group SE (OTCMKTS:NOEJF) Stock Short Interest Declines 98.5%

NORMA Group SE (OTCMKTS:NOEJF) was the recipient of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 9 shares, a drop of 98.5% from the October 15th total of 615 shares. Based on an average daily trading volume, of 343 shares, the days-to-cover ratio is currently 0.0 days.

NORMA Group Price Performance

Shares of OTCMKTS:NOEJF remained flat at $16.43 during midday trading on Wednesday. The company has a 50-day moving average of $16.72 and a two-hundred day moving average of $16.85. NORMA Group has a 52-week low of $16.43 and a 52-week high of $17.11.

About NORMA Group

NORMA Group SE is a Germany-based manufacturer of engineered joining and fluid-handling technologies. The company develops and produces clamps, connectors, couplings, fluid-management components and related systems used to control, connect and secure pipes, hoses and other components. Its products serve a range of markets, including automotive and transportation, water management, industrial manufacturing, infrastructure, agriculture and other applications requiring reliable fluid and thermal-management solutions.