Short Interest in NORMA Group SE (OTCMKTS:NOEJF) Decreases By 63.4%

by · The Markets Daily

NORMA Group SE (OTCMKTS:NOEJF – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 14,735 shares, a decrease of 63.4% from the April 30th total of 40,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

NORMA Group Stock Performance

OTCMKTS:NOEJF remained flat at $16.90 during mid-day trading on Monday. NORMA Group has a 1 year low of $16.90 and a 1 year high of $17.11. The stock has a fifty day simple moving average of $16.90 and a 200 day simple moving average of $17.73.

NORMA Group Company Profile

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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.

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