Short Interest in Schibsted ASA (OTCMKTS:SBSNF) Expands By 30.4%

Schibsted ASA (OTCMKTS:SBSNF) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 66,000 shares, a growth of 30.4% from the June 30th total of 50,600 shares. Based on an average daily volume of 6,900 shares, the short-interest ratio is presently 9.6 days.

Schibsted ASA Price Performance

OTCMKTS:SBSNF remained flat at $32.50 during trading hours on Monday. Schibsted ASA has a 52 week low of $30.10 and a 52 week high of $32.50. The business has a fifty day simple moving average of $32.05 and a 200 day simple moving average of $30.72.

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.