Basic-Fit (OTCMKTS:BSFFF) Sees Large Decrease in Short Interest

Basic-Fit (OTCMKTS:BSFFF) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 666,200 shares, a drop of 6.0% from the December 15th total of 708,700 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 416.4 days.

Basic-Fit Stock Performance

BSFFF opened at $23.96 on Friday. The stock’s fifty day simple moving average is $23.50 and its 200 day simple moving average is $24.14. Basic-Fit has a 1-year low of $21.19 and a 1-year high of $30.00.

About Basic-Fit

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.