NKT A/S (OTCMKTS:NRKBF) Short Interest Update

NKT A/S (OTCMKTS:NRKBF) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 21,500 shares, an increase of 26.5% from the October 15th total of 17,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 215.0 days.

NKT A/S Stock Performance

NKT A/S stock opened at 95.91 on Friday. The firm’s fifty day simple moving average is 95.91 and its 200-day simple moving average is 84.84. NKT A/S has a 1-year low of 80.04 and a 1-year high of 95.91.

About NKT A/S

NKT A/S develops, manufactures, and markets cables, accessories, and solutions in Denmark and internationally. It operates through Solutions, Applications, and Service & Accessories segments. The company offers high voltage cable solutions, including high voltage onshore and offshore cables; medium voltage, dynamic, and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables.