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

Schibsted ASA (OTCMKTS:SBSNF) was the recipient of a large growth in short interest in 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 daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Schibsted ASA Price Performance

OTCMKTS SBSNF remained flat at $32.50 on Monday. The firm has a 50 day moving average of $31.05 and a 200 day moving average of $30.19. 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.