Nagarro SE (OTCMKTS:NGRRF) Sees Significant Drop in Short Interest

Nagarro SE (OTCMKTS:NGRRF) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 154,140 shares, a drop of 31.5% from the February 26th total of 224,895 shares. Based on an average trading volume of 269 shares, the days-to-cover ratio is currently 573.0 days.

Nagarro Price Performance

Shares of OTCMKTS NGRRF traded down $0.21 during trading on Friday, reaching $50.63. The stock had a trading volume of 460 shares, compared to its average volume of 505. Nagarro has a one year low of $49.84 and a one year high of $92.73. The firm’s 50 day moving average price is $68.40 and its two-hundred day moving average price is $70.50.

About Nagarro

Nagarro SE (OTCMKTS:NGRRF) is a global digital engineering and technology consultancy firm headquartered in Munich, Germany. Established in 1996, the company partners with clients to drive enterprise digital transformation by offering end-to-end product design and software development services. It leverages an agile, innovation-driven approach to tackle complex business challenges and accelerate time to market.

Nagarro’s core offerings include digital product engineering, data and AI services, cloud and DevOps solutions, and enterprise application development.