Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 172 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average trading volume of 3,475 shares, the short-interest ratio is currently 0.0 days.
Schibsted ASA Price Performance
Shares of OTCMKTS:SBSNY opened at $24.20 on Wednesday. The business’s 50 day simple moving average is $26.12 and its 200-day simple moving average is $26.97. Schibsted ASA has a 12 month low of $18.00 and a 12 month high of $45.00.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Schibsted ASA to a “hold” rating in a research report on Tuesday, April 28th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Schibsted ASA currently has a consensus rating of “Hold”.
About Schibsted ASA
Schibsted ASA is a Norway-based media and technology group headquartered in Oslo. Established in 1839 with the founding of the newspaper Aftenposten, the company has evolved into a leading digital operator in classifieds, online marketplaces and news media. Schibsted leverages data-driven insights and technology platforms to connect buyers and sellers, as well as to deliver news and content to audiences across multiple channels.
In its media division, Schibsted publishes prominent Scandinavian news brands, including Aftenposten in Norway and Verdens Gang (VG), offering both print and digital editions.
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