Short Interest in Norsk Hydro ASA (OTCMKTS:NHYDY) Expands By 39.0%

Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 75,593 shares, a growth of 39.0% from the November 30th total of 54,364 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 123,483 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 123,483 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are sold short.Get Norsk Hydro ASA alerts:Norsk Hydro ASA Stock Down 1.5%Shares of OTCMKTS:NHYDY opened at $7.74 on Tuesday. Norsk Hydro ASA has a fifty-two week low of $4.50 and a fifty-two week high of $7.89. The company has a quick ratio of 1.25, a current ratio of 1.91 and a debt-to-equity ratio of 0.26. The firm's 50-day simple moving average is $7.23 and its 200-day simple moving average is $6.66. The company has a market cap of $15.30 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 0.44 and a beta of 1.19. Norsk Hydro ASA (OTCMKTS:NHYDY - Get Free Report) last announced its quarterly earnings data on Friday, October 24th. The industrial products company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. Norsk Hydro ASA had a net margin of 4.96% and a return on equity of 10.20%. The firm had revenue of $5.06 billion during the quarter, compared to the consensus estimate of $47.19 billion. As a group, equities research analysts predict that Norsk Hydro ASA will post 0.72 earnings per share for the current year. Wall Street Analyst Weigh InA number of equities analysts have recently commented on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Norsk Hydro ASA in a report on Friday, November 21st. Citigroup restated a "neutral" rating on shares of Norsk Hydro ASA in a research note on Friday, September 26th. BNP Paribas Exane raised shares of Norsk Hydro ASA from a "neutral" rating to an "outperform" rating in a report on Friday, December 5th. BNP Paribas raised Norsk Hydro ASA to an "outperform" rating in a report on Friday, December 5th. Finally, Wall Street Zen cut Norsk Hydro ASA from a "buy" rating to a "hold" rating in a research report on Sunday, October 26th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold".Read Our Latest Research Report on NHYDYAbout Norsk Hydro ASA (Get Free Report)Norsk Hydro ASA is a Norwegian industrial company with a primary focus on aluminum production and renewable energy. Established in 1905, the company has grown from its roots in fertilizer manufacturing to become one of the world's largest integrated aluminum producers. Its operations span the full value chain, including bauxite mining, alumina refining, primary aluminum production, and downstream processing of rolled and extruded products. In addition to its aluminum business, Hydro maintains a significant portfolio of hydropower assets to support its energy-intensive processes.See AlsoFive stocks we like better than Norsk Hydro ASAWall Street Stockpicker Names #1 Stock of 2026Do not delete, read immediatelyHow a Family Trust May Be Able To Help Preserve Your WealthYour “birthright claim” just got activatedBuy this $2 Gold Stock Before January 1, 2026This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Norsk Hydro ASA Right Now?Before you consider Norsk Hydro ASA, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Norsk Hydro ASA wasn't on the list.While Norsk Hydro ASA currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here