Short Interest in Schibsted ASA (OTCMKTS:SBBTF) Expands By 69.7%

Schibsted ASA (OTCMKTS:SBBTF) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 61,100 shares, a growth of 69.7% from the January 31st total of 36,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Schibsted ASA Price Performance

OTCMKTS SBBTF remained flat at $26.17 on Tuesday. The business has a 50 day simple moving average of $26.17 and a 200 day simple moving average of $26.24. Schibsted ASA has a twelve month low of $26.17 and a twelve month high of $26.97.

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.