Short Interest in NKT A/S (OTCMKTS:NRKBF) Drops By 17.6%

NKT A/S (OTCMKTS:NRKBF – Get Rating) saw a significant drop in short interest in December. As of December 30th, there was short interest totalling 16,400 shares, a drop of 17.6% from the December 15th total of 19,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

NKT A/S Price Performance

OTCMKTS:NRKBF opened at 43.66 on Friday. NKT A/S has a 1-year low of 43.66 and a 1-year high of 43.66. The firm has a 50 day simple moving average of 43.66 and a 200-day simple moving average of 46.09.

NKT A/S Company Profile

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