Schibsted ASA (OTCMKTS:SBSNY) Sees Significant Growth in Short Interest

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, an increase of 100.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 0.1 days.

Schibsted ASA Stock Performance

SBSNY traded up $1.69 during trading on Friday, hitting $28.51. 38,121 shares of the company’s stock were exchanged, compared to its average volume of 3,242. The business’s 50 day moving average is $29.61 and its two-hundred day moving average is $31.17. Schibsted ASA has a fifty-two week low of $24.15 and a fifty-two week high of $42.90.

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) last released its quarterly earnings data on Friday, February 7th. The company reported $0.46 earnings per share for the quarter.

Schibsted ASA Company Profile

(Get Free Report)

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.

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