Schibsted ASA (OTCMKTS:SBSNF) Short Interest Down 27.6% in October

Schibsted ASA (OTCMKTS:SBSNF) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 43,800 shares, a decline of 27.6% from the October 15th total of 60,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Schibsted ASA Price Performance

OTCMKTS:SBSNF remained flat at $32.50 during mid-day trading on Thursday. The company has a 50 day simple moving average of $32.50 and a 200-day simple moving average of $32.08. Schibsted ASA has a 1 year low of $30.10 and a 1 year high of $32.50.

About Schibsted ASA

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.