Short Interest in Nordic Semiconductor ASA (OTCMKTS:NDCVF) Increases By 60.0%

Nordic Semiconductor ASA (OTCMKTS:NDCVF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 1,449,100 shares, an increase of 60.0% from the August 31st total of 905,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 14,491.0 days.

Nordic Semiconductor ASA Stock Performance

OTCMKTS NDCVF traded down $2.80 on Thursday, hitting $10.30. 7,579 shares of the company’s stock traded hands, compared to its average volume of 4,640. The firm’s 50-day moving average price is $12.86 and its two-hundred day moving average price is $11.70. Nordic Semiconductor ASA has a 1-year low of $7.18 and a 1-year high of $14.50.

Nordic Semiconductor ASA Company Profile

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.