NORMA Group SE (OTCMKTS:NOEJF) Sees Significant Decline in Short Interest

NORMA Group SE (OTCMKTS:NOEJF) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,966 shares, a decrease of 68.0% from the June 15th total of 6,138 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

NORMA Group Stock Performance

Shares of NORMA Group stock remained flat at $16.90 on Tuesday. The stock’s 50-day moving average price is $16.90 and its 200 day moving average price is $17.00. NORMA Group has a one year low of $16.90 and a one year high of $17.11.

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.