Schibsted ASA (OTCMKTS:SBSNY) Short Interest Update

Schibsted ASA (OTCMKTS:SBSNY) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 1,500 shares, an increase of 200.0% from the August 31st total of 500 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is currently 1.9 days.

Schibsted ASA Stock Performance

Shares of OTCMKTS:SBSNY traded down $0.28 during trading on Friday, reaching $32.22. The stock had a trading volume of 403 shares, compared to its average volume of 3,449. Schibsted ASA has a 52 week low of $22.13 and a 52 week high of $42.90. The business’s 50-day moving average price is $30.04 and its 200 day moving average price is $30.24.

Schibsted ASA Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 4th will be paid a $0.5459 dividend. The ex-dividend date is Wednesday, September 4th. Schibsted ASA’s dividend payout ratio is currently 8.09%.

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.