Schibsted ASA (OTCMKTS:SBSNY) Sees Significant Drop in Short Interest

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 200 shares, a decline of 80.0% from the January 15th total of 1,000 shares. Based on an average trading volume of 8,200 shares, the days-to-cover ratio is currently 0.0 days.

Schibsted ASA Stock Up 8.9 %

OTCMKTS SBSNY traded up $2.51 during trading on Wednesday, hitting $30.61. The stock had a trading volume of 926 shares, compared to its average volume of 2,501. The stock has a 50 day simple moving average of $30.91 and a 200 day simple moving average of $31.19. Schibsted ASA has a one year low of $24.15 and a one year high of $42.90.

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) last announced its earnings results on Friday, February 7th. The company reported $0.46 earnings per share (EPS) for the quarter.

Schibsted ASA Company Profile

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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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