Basic-Fit (OTCMKTS:BSFFF) Sees Significant Decrease in Short Interest

Basic-Fit (OTCMKTS:BSFFF) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 507,500 shares, a decline of 14.6% from the January 31st total of 594,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5,075.0 days.

Basic-Fit Price Performance

BSFFF opened at $24.00 on Friday. Basic-Fit has a 1 year low of $21.19 and a 1 year high of $27.00. The firm has a 50 day moving average price of $23.87 and a 200 day moving average price of $24.63.

About Basic-Fit

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.