Short Interest in Schibsted ASA (OTCMKTS:SBBTF) Grows By 28.6%

Schibsted ASA (OTCMKTS:SBBTF) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 50,400 shares, an increase of 28.6% from the November 30th total of 39,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Schibsted ASA Stock Performance

OTCMKTS SBBTF remained flat at $26.17 on Monday. Schibsted ASA has a 1 year low of $26.17 and a 1 year high of $26.97. The stock’s 50 day moving average is $26.17 and its 200 day moving average is $23.46.

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.