Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Short Interest Up 37.1% in January

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 9,968 shares, an increase of 37.1% from the January 15th total of 7,269 shares. Based on an average daily volume of 1,531 shares, the short-interest ratio is currently 6.5 days. Based on an average daily volume of 1,531 shares, the short-interest ratio is currently 6.5 days.

Gjensidige Forsikring ASA Trading Down 6.0%

GJNSY opened at $28.04 on Friday. The firm’s fifty day moving average price is $29.19 and its two-hundred day moving average price is $28.28. Gjensidige Forsikring ASA has a fifty-two week low of $19.16 and a fifty-two week high of $31.05.

About Gjensidige Forsikring ASA

Gjensidige Forsikring ASA is a leading Nordic insurance company headquartered in Oslo, Norway, offering a broad range of property and casualty insurance products. The company’s core business activities encompass home, motor, and commercial insurance, supplemented by liability and accident coverage. Gjensidige also provides life and pension solutions, savings products and select banking services, enabling it to serve both retail and corporate customers with integrated risk-management offerings.

Through a multi-channel distribution model, Gjensidige reaches its customers via a network of local agents, brokers and digital platforms.