Short Interest in Norsk Hydro ASA (OTCMKTS:NHYDY) Drops By 41.6%

Posted by on May 17th, 2026

Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 31,326 shares, a drop of 41.6% from the April 15th total of 53,674 shares. Based on an average daily volume of 307,459 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Norsk Hydro ASA Trading Down 1.4%

OTCMKTS:NHYDY traded down $0.16 during mid-day trading on Friday, hitting $11.33. 78,364 shares of the company’s stock were exchanged, compared to its average volume of 177,916. The company has a 50 day simple moving average of $10.63 and a 200-day simple moving average of $8.93. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.27. Norsk Hydro ASA has a fifty-two week low of $5.37 and a fifty-two week high of $11.84. The firm has a market capitalization of $22.42 billion, a P/E ratio of 36.31, a PEG ratio of 0.75 and a beta of 0.96.

Norsk Hydro ASA (OTCMKTS:NHYDY – Get Free Report) last posted its earnings results on Wednesday, April 29th. The industrial products company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Norsk Hydro ASA had a net margin of 3.11% and a return on equity of 10.52%. The business had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.42 billion. As a group, research analysts expect that Norsk Hydro ASA will post 1.19 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Kepler Capital Markets downgraded shares of Norsk Hydro ASA from a “hold” rating to a “strong sell” rating in a research note on Monday, February 16th. The Goldman Sachs Group upgraded shares of Norsk Hydro ASA from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. UBS Group downgraded shares of Norsk Hydro ASA from a “buy” rating to a “neutral” rating in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft downgraded shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Finally, Wall Street Zen downgraded shares of Norsk Hydro ASA from a “buy” rating to a “hold” rating in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Norsk Hydro ASA

About 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.

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