Grieg Seafood ASA (OTCMKTS:GRGSF) Sees Large Growth in Short Interest

Grieg Seafood ASA (OTCMKTS:GRGSF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 689,500 shares, an increase of 10.4% from the November 30th total of 624,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Grieg Seafood ASA Price Performance

GRGSF stock remained flat at $4.68 during mid-day trading on Wednesday. Grieg Seafood ASA has a 12 month low of $4.68 and a 12 month high of $7.00. The company’s fifty day simple moving average is $4.68 and its 200 day simple moving average is $5.19.

Grieg Seafood ASA Company Profile

Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company in Norway, the United Kingdom, rest of Europe, the United States, Canada, Asia, and internationally. It engages in the farming, production, and sale of Atlantic salmon. The company was incorporated in 1988 and is headquartered in Bergen, Norway.