Storebrand ASA (OTCMKTS:SREDF) Short Interest Update

Storebrand ASA (OTCMKTS:SREDF) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 143,600 shares, a growth of 248.5% from the January 31st total of 41,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 1,436.0 days.

Storebrand ASA Stock Performance

SREDF remained flat at $11.37 during trading on Friday. The company has a fifty day simple moving average of $11.24 and a two-hundred day simple moving average of $10.94. Storebrand ASA has a 1-year low of $10.95 and a 1-year high of $11.37.

Storebrand ASA Company Profile

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.