Nagarro SE (OTCMKTS:NGRRF) Stock Short Interest Falls 79.6%

by · The Cerbat Gem

Nagarro SE (OTCMKTS:NGRRF – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 4,587 shares, a decrease of 79.6% from the September 15th total of 22,537 shares. Based on an average daily trading volume, of 50 shares, the short-interest ratio is presently 91.7 days.

Nagarro Stock Performance

Shares of Nagarro stock remained flat at $88.80 during midday trading on Friday. The firm’s 50 day moving average is $89.93 and its two-hundred day moving average is $70.09. Nagarro has a one year low of $38.58 and a one year high of $92.72.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered shares of Nagarro to a “hold” rating in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Nagarro currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on NGRRF

Nagarro Company Profile

(Get Free Report)

Nagarro SE is a global digital engineering and technology services company that helps organizations develop, modernize and operate digital products and technology platforms. Its services include software engineering, cloud and infrastructure solutions, artificial intelligence and data analytics, enterprise resource planning, customer experience design, quality assurance, and technology consulting.

The company serves clients across industries such as automotive, manufacturing, financial services, healthcare, retail and telecommunications.

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