Short Interest in Schibsted ASA (OTCMKTS:SBSNF) Drops By 29.8%

Schibsted ASA (OTCMKTS:SBSNF) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 54,900 shares, a decline of 29.8% from the August 31st total of 78,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Schibsted ASA Price Performance

Schibsted ASA stock remained flat at $32.50 during mid-day trading on Friday. Schibsted ASA has a 52 week low of $30.10 and a 52 week high of $32.50. The stock’s 50 day moving average price is $32.50 and its two-hundred day moving average price is $31.50.

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.