Short Interest in Schibsted ASA (OTCMKTS:SBSNF) Increases By 38.6%

Schibsted ASA (OTCMKTS:SBSNF) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 40,600 shares, a growth of 38.6% from the May 31st total of 29,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Schibsted ASA Stock Performance

Shares of OTCMKTS:SBSNF remained flat at $32.50 during mid-day trading on Monday. The business’s 50 day moving average price is $31.05 and its 200-day moving average price is $30.19. Schibsted ASA has a 12 month low of $30.10 and a 12 month high of $32.50.

About Schibsted ASA

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.