NIBE Industrier AB (publ) (OTCMKTS:NDRBF) Sees Significant Decrease in Short Interest

NIBE Industrier AB (publ) (OTCMKTS:NDRBFGet Rating) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 3,189,000 shares, a decrease of 10.2% from the August 15th total of 3,552,800 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 3,543.3 days.

NIBE Industrier AB (publ) Price Performance

NDRBF opened at $11.00 on Monday. The firm has a 50 day moving average price of $9.51 and a 200 day moving average price of $9.41. NIBE Industrier AB has a 1 year low of $7.00 and a 1 year high of $15.45.

About NIBE Industrier AB (publ)

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NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally.

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