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

Schibsted ASA (OTCMKTS:SBSNYGet Free Report) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decrease of 75.0% from the February 13th total of 400 shares. Based on an average trading volume of 11,300 shares, the short-interest ratio is currently 0.0 days.

Schibsted ASA Stock Down 0.6 %

Schibsted ASA stock opened at $26.64 on Thursday. The stock has a 50-day simple moving average of $29.23 and a 200 day simple moving average of $31.04. Schibsted ASA has a 12-month low of $24.15 and a 12-month high of $42.90.

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

About Schibsted ASA

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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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