Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 28th total of 100 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is presently 0.0 days.
Schibsted ASA Price Performance
OTCMKTS:SBSNY traded down $2.67 during mid-day trading on Thursday, reaching $26.53. The stock had a trading volume of 1,685 shares, compared to its average volume of 3,090. Schibsted ASA has a twelve month low of $24.15 and a twelve month high of $42.90. The business has a 50 day simple moving average of $28.68 and a 200 day simple moving average of $30.86.
Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The company reported $0.46 earnings per share for the quarter.
Schibsted ASA Company Profile
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.
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