Nordic Semiconductor ASA (OTCMKTS:NRSDY) Short Interest Update

Nordic Semiconductor ASA (OTCMKTS:NRSDY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 112 shares. Based on an average daily volume of 88 shares, the short-interest ratio is presently 1.3 days.

Nordic Semiconductor ASA Price Performance

Shares of NRSDY stock remained flat at $18.55 on Tuesday. The company’s 50 day moving average is $17.35 and its two-hundred day moving average is $18.18. Nordic Semiconductor ASA has a twelve month low of $12.60 and a twelve month high of $23.40.

Nordic Semiconductor ASA Company Profile

Nordic Semiconductor ASA is a Norwegian fabless semiconductor company headquartered in Trondheim, Norway. The company develops low-power wireless connectivity solutions for Internet of Things (IoT) applications, serving customers and technology developers worldwide.

Its product portfolio includes system-on-chip devices and modules supporting Bluetooth Low Energy, cellular IoT, Wi-Fi, Thread, Matter and other wireless standards. Nordic also provides development tools, software, cloud services and reference designs intended to help customers create connected products such as wearables, smart-home equipment, industrial sensors, asset-tracking systems and medical devices.

Founded in 1983 as Nordic VLSI, the company has expanded from a specialist in short-range wireless technology into a provider of solutions spanning short-range connectivity, cellular IoT and related embedded technologies.