Short Interest in Schibsted ASA (OTCMKTS:SBSNF) Grows By 40.8%

Schibsted ASA (OTCMKTS:SBSNF) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 84,200 shares, an increase of 40.8% from the January 31st total of 59,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Schibsted ASA Stock Performance

Shares of OTCMKTS:SBSNF remained flat at $32.50 during midday trading on Wednesday. The business has a 50 day simple moving average of $32.50 and a 200 day simple moving average of $32.50. Schibsted ASA has a 52 week low of $32.50 and a 52 week high of $33.00.

Schibsted ASA Company Profile

Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, Delivery and Growth & Investments segments. It operates online classifieds that provide technology-based services to connect buyers and sellers, and facilitate transactions, including job offers, real estate, cars, travel, consumer goods, and others.