Storebrand ASA (OTCMKTS:SREDF) Sees Significant Growth in Short Interest

Storebrand ASA (OTCMKTS:SREDF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 226,800 shares, an increase of 48.9% from the August 31st total of 152,300 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days.

Storebrand ASA Price Performance

OTCMKTS SREDF remained flat at $10.53 during trading on Friday. Storebrand ASA has a one year low of $8.41 and a one year high of $10.53. The stock has a fifty day moving average of $10.53 and a two-hundred day moving average of $9.95.

Storebrand ASA Company Profile

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.