Short Interest in Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Declines By 20.8%

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,900 shares, a drop of 20.8% from the November 15th total of 2,400 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 0.8 days.

Gjensidige Forsikring ASA Price Performance

Gjensidige Forsikring ASA stock traded up $0.54 during trading on Friday, reaching $18.21. The company had a trading volume of 415 shares, compared to its average volume of 2,864. The firm’s 50-day simple moving average is $17.82 and its 200 day simple moving average is $17.57. Gjensidige Forsikring ASA has a 52 week low of $13.39 and a 52 week high of $19.11.

About Gjensidige Forsikring ASA

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension.