Short Interest in Storebrand ASA (OTCMKTS:SREDF) Expands By 27.4%

Storebrand ASA (OTCMKTS:SREDF) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 78,100 shares, a growth of 27.4% from the October 31st total of 61,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Storebrand ASA Stock Performance

Storebrand ASA stock opened at $10.95 on Friday. The stock’s fifty day moving average price is $10.84 and its two-hundred day moving average price is $10.50. Storebrand ASA has a one year low of $10.95 and a one year high of $10.95.

About Storebrand ASA

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.