Nexans S.A. (OTCMKTS:NXPRF) Short Interest Update

Nexans S.A. (OTCMKTS:NXPRF) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 1,300 shares, a decrease of 60.6% from the May 31st total of 3,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 13.0 days.

Nexans Stock Performance

Shares of NXPRF stock opened at $116.66 on Friday. The business’s 50 day moving average is $109.05 and its two-hundred day moving average is $99.70. Nexans has a 12-month low of $69.08 and a 12-month high of $116.66.

About Nexans

Nexans SA manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings.