Storebrand ASA (OTCMKTS:SREDF) Short Interest Update

Storebrand ASA (OTCMKTS:SREDF) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 152,300 shares, a drop of 76.0% from the August 15th total of 634,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Storebrand ASA Price Performance

OTCMKTS SREDF remained flat at $10.53 on Friday. The company’s 50 day moving average price is $10.53 and its 200 day moving average price is $9.86. Storebrand ASA has a 1-year low of $8.41 and a 1-year high of $10.53.

About Storebrand ASA

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.