Short Interest in Basic-Fit (OTCMKTS:BSFFF) Decreases By 11.3%

Basic-Fit (OTCMKTS:BSFFF) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 943,300 shares, a drop of 11.3% from the August 31st total of 1,062,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 9,433.0 days.

Basic-Fit Stock Performance

Shares of OTCMKTS:BSFFF remained flat at $26.45 during trading on Monday. The company’s 50-day moving average price is $24.34 and its 200-day moving average price is $23.41. Basic-Fit has a 12-month low of $21.19 and a 12-month high of $30.00.

About Basic-Fit

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.