Short Interest in Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Increases By 20.0%

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 600 shares, a growth of 20.0% from the January 31st total of 500 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 0.3 days.

Gjensidige Forsikring ASA Trading Up 5.1 %

Shares of OTCMKTS GJNSY traded up $1.04 during midday trading on Thursday, reaching $21.62. The company had a trading volume of 1,117 shares, compared to its average volume of 2,133. Gjensidige Forsikring ASA has a 1 year low of $13.39 and a 1 year high of $21.62. The business’s 50-day simple moving average is $19.39 and its 200 day simple moving average is $18.38.

Gjensidige Forsikring ASA Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 24th will be given a dividend of $0.5961 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a boost from Gjensidige Forsikring ASA’s previous dividend of $0.57. Gjensidige Forsikring ASA’s payout ratio is currently 122.66%.

Gjensidige Forsikring ASA Company Profile

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension.