Short Interest in Storebrand ASA (OTCMKTS:SREDY) Grows By ?

Storebrand ASA (OTCMKTS:SREDYGet Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 117 shares, a growth of ? from the July 30th total of 0 shares. Based on an average trading volume of 150 shares, the days-to-cover ratio is presently 0.8 days.

Storebrand ASA Price Performance

SREDY stock opened at $43.75 on Tuesday. The firm has a 50 day moving average of $36.15 and a two-hundred day moving average of $33.24. Storebrand ASA has a 12 month low of $43.42 and a 12 month high of $44.50.

About Storebrand ASA

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Storebrand ASA is a leading Nordic financial services group specializing in long-term savings and insurance solutions. The company’s core activities include life insurance, pension products, asset management and banking services. Through its integrated platform, Storebrand offers tailored savings plans for individuals and businesses, drawing on a broad range of mutual funds, equity and fixed-income investments, as well as traditional insurance policies.

Within its insurance segment, Storebrand provides both individual and collective pension schemes, disability coverage and endowment policies.

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