Short Interest in NORMA Group SE (OTCMKTS:NOEJF) Rises By 344.2%

NORMA Group SE (OTCMKTS:NOEJF) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 4,424 shares, a growth of 344.2% from the August 15th total of 996 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

NORMA Group Stock Performance

Shares of NORMA Group stock remained flat at $16.90 during midday trading on Friday. NORMA Group has a 1-year low of $16.90 and a 1-year high of $17.11. The stock has a 50-day simple moving average of $16.90 and a two-hundred day simple moving average of $16.90.

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.