Schibsted ASA (OTCMKTS:SBBTF) Short Interest Up 17.7% in February

Schibsted ASA (OTCMKTS:SBBTF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 71,900 shares, an increase of 17.7% from the February 13th total of 61,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 719.0 days.

Schibsted ASA Price Performance

Shares of OTCMKTS:SBBTF opened at $26.20 on Friday. The firm’s 50-day simple moving average is $26.18 and its 200-day simple moving average is $26.18. Schibsted ASA has a fifty-two week low of $26.17 and a fifty-two week high of $26.97.

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.