Basic-Fit (OTCMKTS:BSFFF) Sees Large Growth in Short Interest

Basic-Fit (OTCMKTS:BSFFF) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,231,400 shares, an increase of 13.2% from the May 31st total of 1,087,900 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 1,119.5 days.

Basic-Fit Stock Performance

Shares of OTCMKTS BSFFF opened at $21.26 on Wednesday. Basic-Fit has a one year low of $21.19 and a one year high of $36.34. The company’s fifty day moving average is $23.23 and its two-hundred day moving average is $25.59.

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.