SpareBank 1 SMN (OTCMKTS:SRMGF) Sees Significant Growth in Short Interest

SpareBank 1 SMN (OTCMKTS:SRMGF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,600 shares, an increase of 3,500.0% from the September 30th total of 100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

SpareBank 1 SMN Price Performance

Shares of SRMGF stock remained flat at $12.43 during trading on Friday. SpareBank 1 SMN has a 52 week low of $12.43 and a 52 week high of $12.43. The firm has a 50 day simple moving average of $12.36 and a two-hundred day simple moving average of $11.80.

SpareBank 1 SMN Company Profile

SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. The company offers mortgage, vehicle, green, move, consumer and other loans; refinancing; and placement, group, savings, business, group, tax deduction, currency, and deposit accounts.