Storebrand ASA (OTCMKTS:SREDF) Short Interest Update

Storebrand ASA (OTCMKTS:SREDF) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 55,100 shares, a decline of 61.6% from the February 13th total of 143,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 551.0 days.

Storebrand ASA Stock Performance

OTCMKTS SREDF opened at $11.37 on Thursday. Storebrand ASA has a fifty-two week low of $10.95 and a fifty-two week high of $11.37. The stock has a 50 day simple moving average of $11.27 and a two-hundred day simple moving average of $11.00.

Storebrand ASA Company Profile

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.