Schibsted ASA (OTCMKTS:SBBTF) Sees Large Growth in Short Interest

Schibsted ASA (OTCMKTS:SBBTF) was the recipient of a large 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 volume of 0 shares, the short-interest ratio is currently ∞ days.

Schibsted ASA Stock Performance

Shares of OTCMKTS:SBBTF remained flat at $26.17 during trading on Friday. The stock’s 50-day moving average is $26.17 and its two-hundred day moving average is $26.25. Schibsted ASA has a 12 month low of $26.17 and a 12 month high of $26.97.

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.