Nexans S.A. (OTCMKTS:NXPRF) Short Interest Up 25.0% in March

Nexans S.A. (OTCMKTS:NXPRF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,500 shares, an increase of 25.0% from the February 28th total of 1,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 15.0 days.

Nexans Stock Performance

OTCMKTS NXPRF remained flat at $110.27 during trading hours on Tuesday. The stock has a fifty day moving average of $100.74 and a two-hundred day moving average of $115.85. Nexans has a 1 year low of $92.81 and a 1 year high of $147.60.

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.