Short Interest in Novozymes A/S (OTCMKTS:NVZMF) Rises By 21.3%

Novozymes A/S (OTCMKTS:NVZMF) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 822,600 shares, a growth of 21.3% from the October 15th total of 678,000 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 747.8 days.

Novozymes A/S Stock Performance

Shares of OTCMKTS NVZMF traded down $2.57 during mid-day trading on Friday, reaching $55.00. 369 shares of the company traded hands, compared to its average volume of 1,296. The company’s fifty day moving average is $65.50 and its two-hundred day moving average is $63.16. Novozymes A/S has a fifty-two week low of $49.89 and a fifty-two week high of $71.52.

About Novozymes A/S

Novonesis A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.