Storebrand ASA (OTCMKTS:SREDY – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 117 shares, a growth of ? from the July 30th total of 0 shares. Based on an average daily volume of 150 shares, the days-to-cover ratio is currently 0.8 days.
Storebrand ASA Stock Performance
Storebrand ASA stock remained flat at $43.75 during mid-day trading on Monday. Storebrand ASA has a 1-year low of $43.42 and a 1-year high of $44.50. The stock has a fifty day simple moving average of $35.91 and a two-hundred day simple moving average of $33.16.
About Storebrand ASA
Storebrand ASA is a leading Nordic financial services group specializing in long-term savings and insurance solutions. The company’s core activities include life insurance, pension products, asset management and banking services. Through its integrated platform, Storebrand offers tailored savings plans for individuals and businesses, drawing on a broad range of mutual funds, equity and fixed-income investments, as well as traditional insurance policies.
Within its insurance segment, Storebrand provides both individual and collective pension schemes, disability coverage and endowment policies.
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