Schibsted ASA (OTCMKTS:SBSNF) Short Interest Up 30.4% in July

Schibsted ASA (OTCMKTS:SBSNF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 66,000 shares, a growth of 30.4% from the June 30th total of 50,600 shares. Based on an average daily volume of 6,900 shares, the days-to-cover ratio is currently 9.6 days.

Schibsted ASA Price Performance

SBSNF stock remained flat at $32.50 during mid-day trading on Friday. The business’s fifty day moving average is $32.05 and its 200 day moving average is $30.72. Schibsted ASA has a 12-month low of $30.10 and a 12-month high of $32.50.

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.