NORMA Group SE (OTCMKTS:NOEJF) Sees Large Growth in Short Interest

NORMA Group SE (OTCMKTS:NOEJF) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 6,138 shares, an increase of 727.2% from the May 31st total of 742 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

NORMA Group Price Performance

Shares of NOEJF opened at $16.90 on Friday. NORMA Group has a one year low of $16.90 and a one year high of $17.11. The business’s 50 day simple moving average is $16.90 and its 200-day simple moving average is $17.28.

NORMA Group Company Profile

NORMA Group SE is a Germany‐based specialist in engineered joining technology, offering a comprehensive range of clamps, connectors, fluid systems and assembly solutions. The company’s products are designed to support fluid and air transfer applications, meeting the rigorous demands of sectors such as automotive, commercial vehicles, aerospace, off‐highway, building and household appliances, as well as water management, oil and gas, and chemical processing. NORMA Group’s solutions include hose couplings, quick connectors, constant tension clamps and profile inverted flange systems, all engineered for reliability under pressure, temperature fluctuation and vibration.

Established in the mid‐20th century and headquartered in Maintal, Germany, NORMA Group has developed its global footprint through a combination of internal expansion and strategic acquisitions.