Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Sees Large Growth in Short Interest

Gjensidige Forsikring ASA (OTCMKTS:GJNSYGet Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,274 shares, a growth of 85.5% from the June 30th total of 1,765 shares. Based on an average daily trading volume, of 3,554 shares, the days-to-cover ratio is presently 0.9 days.

Gjensidige Forsikring ASA Stock Performance

Shares of OTCMKTS GJNSY opened at $28.86 on Thursday. Gjensidige Forsikring ASA has a 12 month low of $23.73 and a 12 month high of $31.05. The company has a 50 day simple moving average of $27.55 and a two-hundred day simple moving average of $27.80.

Gjensidige Forsikring ASA Company Profile

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Gjensidige Forsikring ASA is a leading Nordic insurance company headquartered in Oslo, Norway, offering a broad range of property and casualty insurance products. The company’s core business activities encompass home, motor, and commercial insurance, supplemented by liability and accident coverage. Gjensidige also provides life and pension solutions, savings products and select banking services, enabling it to serve both retail and corporate customers with integrated risk-management offerings.

Through a multi-channel distribution model, Gjensidige reaches its customers via a network of local agents, brokers and digital platforms.

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