Schibsted ASA (OTCMKTS:SBSNY) Short Interest Update

Schibsted ASA (OTCMKTS:SBSNY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 172 shares, an increase of ? from the April 30th total of 0 shares. Based on an average daily trading volume, of 3,475 shares, the days-to-cover ratio is currently 0.0 days.

Schibsted ASA Stock Up 0.6%

Schibsted ASA stock traded up $0.16 during mid-day trading on Monday, reaching $26.55. 738 shares of the company traded hands, compared to its average volume of 8,047. The firm’s 50 day moving average price is $26.10 and its 200 day moving average price is $27.01. Schibsted ASA has a 52-week low of $18.00 and a 52-week high of $45.00.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Schibsted ASA to a “hold” rating in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Schibsted ASA has an average rating of “Hold”.

Schibsted ASA Company Profile

Schibsted ASA is a Norway-based media and technology group headquartered in Oslo. Established in 1839 with the founding of the newspaper Aftenposten, the company has evolved into a leading digital operator in classifieds, online marketplaces and news media. Schibsted leverages data-driven insights and technology platforms to connect buyers and sellers, as well as to deliver news and content to audiences across multiple channels.

In its media division, Schibsted publishes prominent Scandinavian news brands, including Aftenposten in Norway and Verdens Gang (VG), offering both print and digital editions.