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

Schibsted ASA (OTCMKTS:SBBTF) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 10,100 shares, a growth of 26.3% from the October 31st total of 8,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Schibsted ASA Stock Down 3.0 %

SBBTF stock opened at $26.17 on Monday. The business’s 50-day moving average price is $26.17 and its 200-day moving average price is $22.19. Schibsted ASA has a twelve month low of $26.17 and a twelve month high of $26.97.

Schibsted ASA Company Profile

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.