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

Basic-Fit (OTCMKTS:BSFFF) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 943,300 shares, a decrease of 11.3% from the August 31st total of 1,062,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 9,433.0 days.

Basic-Fit Price Performance

Shares of BSFFF stock remained flat at $26.45 on Friday. Basic-Fit has a twelve month low of $21.19 and a twelve month high of $30.00. The stock’s 50-day moving average price is $24.34 and its 200-day moving average price is $23.44.

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.