Short Interest in Schibsted ASA (OTCMKTS:SBBTF) Rises By 17.7%

Schibsted ASA (OTCMKTS:SBBTF) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 71,900 shares, a growth of 17.7% from the February 13th total of 61,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 719.0 days.

Schibsted ASA Stock Performance

SBBTF stock opened at $26.20 on Thursday. Schibsted ASA has a 52-week low of $26.17 and a 52-week high of $26.97. The company has a 50-day moving average of $26.18 and a two-hundred day moving average of $26.18.

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.