Short Interest in Schibsted ASA (OTCMKTS:SBBTF) Grows By 28.6%

Schibsted ASA (OTCMKTS:SBBTF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 50,400 shares, an increase of 28.6% from the November 30th total of 39,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Schibsted ASA Price Performance

Shares of SBBTF stock remained flat at $26.17 on Friday. Schibsted ASA has a 52-week low of $26.17 and a 52-week high of $26.97. The stock has a 50-day moving average of $26.17 and a 200-day moving average of $23.42.

Schibsted ASA Company Profile

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.