Nordic Entertainment Group AB (publ) (OTCMKTS:NENTF) Short Interest Up 43.9% in April

Nordic Entertainment Group AB (publ) (OTCMKTS:NENTF – Get Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 45,200 shares, an increase of 43.9% from the April 15th total of 31,400 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 452.0 days.

Several research firms recently issued reports on NENTF. Berenberg Bank decreased their target price on Nordic Entertainment Group AB (publ) from SEK 625 to SEK 525 in a research note on Tuesday, March 1st. DNB Markets raised Nordic Entertainment Group AB (publ) to a “buy” rating and set a $500.00 target price on the stock in a research note on Monday, March 21st.

NENTF stock remained flat at $$32.83 during mid-day trading on Friday. The business has a fifty day simple moving average of $32.82 and a 200 day simple moving average of $44.63. Nordic Entertainment Group AB has a 12-month low of $32.65 and a 12-month high of $56.88.

Nordic Entertainment Group AB (publ) Company Profile (Get Rating)

Nordic Entertainment Group AB (publ) operates as an entertainment provider and streaming company in Sweden, Norway, Denmark, Finland, the United Kingdom, the Netherlands, and internationally. It creates, produces, and distributes television shows, commercials, feature films, content, and events for broadcasters, distributors, and other organizations.

Read More