Schibsted ASA (OTCMKTS:SBBTF) Short Interest Update

Schibsted ASA (OTCMKTS:SBBTF) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 25,600 shares, a decrease of 49.2% from the December 31st total of 50,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Schibsted ASA Stock Performance

Shares of OTCMKTS:SBBTF remained flat at $26.17 during trading on Wednesday. The firm has a 50 day moving average of $26.17 and a two-hundred day moving average of $24.86. Schibsted ASA has a 1 year low of $26.17 and a 1 year 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.