Nordic Semiconductor ASA (OTCMKTS:NDCVF) Short Interest Down 19.2% in February

Nordic Semiconductor ASA (OTCMKTS:NDCVF) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 664,400 shares, a decline of 19.2% from the February 13th total of 822,600 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 442.9 days.

Nordic Semiconductor ASA Price Performance

Nordic Semiconductor ASA stock opened at $11.75 on Tuesday. The stock’s 50 day moving average is $11.34 and its 200 day moving average is $10.42. Nordic Semiconductor ASA has a one year low of $7.18 and a one year high of $14.50.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.