Schibsted ASA (OTCMKTS:SBBTF) Short Interest Update

Schibsted ASA (OTCMKTS:SBBTF) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 50,400 shares, an increase of 28.6% from the November 30th total of 39,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Schibsted ASA Stock Performance

SBBTF remained flat at $26.17 during trading hours on Friday. Schibsted ASA has a 1-year low of $26.17 and a 1-year high of $26.97. The company’s 50 day simple moving average is $26.17 and its two-hundred day simple moving average is $23.42.

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.