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

Schibsted ASA (OTCMKTS:SBSNFGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 46,500 shares, a growth of 40.1% from the April 15th total of 33,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 465.0 days.

Schibsted ASA Price Performance

SBSNF remained flat at $30.00 on Tuesday. The company has a 50 day simple moving average of $30.00 and a 200 day simple moving average of $27.81. Schibsted ASA has a twelve month low of $21.36 and a twelve month high of $30.00.

About Schibsted ASA

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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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