Nexans S.A. (OTCMKTS:NXPRF) Short Interest Down 37.8% in December

by · The Markets Daily

Nexans S.A. (OTCMKTS:NXPRF – Get Free Report) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,300 shares, a drop of 37.8% from the December 15th total of 3,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 23.0 days.

Nexans Stock Performance

OTCMKTS:NXPRF remained flat at $104.86 on Tuesday. Nexans has a one year low of $87.15 and a one year high of $147.60. The stock’s fifty day moving average is $114.10 and its 200-day moving average is $125.01.

Nexans Company Profile

(Get Free Report)

Nexans SA manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings.

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