Schibsted ASA (OTCMKTS:SBSNF) Short Interest Update

Schibsted ASA (OTCMKTS:SBSNF) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 60,500 shares, an increase of 28.5% from the September 30th total of 47,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 605.0 days.

Schibsted ASA Stock Performance

Shares of OTCMKTS:SBSNF opened at $32.50 on Monday. The business has a 50 day simple moving average of $32.50 and a two-hundred day simple moving average of $31.87. Schibsted ASA has a 1 year low of $30.10 and a 1 year 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.