Short Interest in Schibsted ASA (OTCMKTS:SBSNY) Expands By ?

Schibsted ASA (OTCMKTS:SBSNY) was the target of a large growth in short interest in 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 daily volume of 3,475 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Schibsted ASA to a “hold” rating in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Schibsted ASA Trading Down 8.9%

Shares of SBSNY traded down $2.35 during mid-day trading on Tuesday, reaching $24.20. 524 shares of the stock traded hands, compared to its average volume of 7,972. The stock has a fifty day simple moving average of $26.12 and a 200 day simple moving average of $26.97. Schibsted ASA has a 12-month low of $18.00 and a 12-month high of $45.00.

Schibsted ASA Company Profile

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.