Short Interest in SpareBank 1 Nord-Norge (OTCMKTS:SPXXF) Decreases By 52.9%

SpareBank 1 Nord-Norge (OTCMKTS:SPXXFGet Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 7,158 shares, a decline of 52.9% from the June 15th total of 15,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SpareBank 1 Nord-Norge Stock Performance

SPXXF stock opened at $16.30 on Tuesday. SpareBank 1 Nord-Norge has a fifty-two week low of $13.52 and a fifty-two week high of $16.30. The business’s 50 day moving average price is $16.29 and its two-hundred day moving average price is $15.35.

SpareBank 1 Nord-Norge Company Profile

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SpareBank 1 Nord-Norge is a Norwegian savings bank headquartered in Tromsø. As a member of the SpareBank 1 Alliance, it collaborates with several regional banks across Norway to deliver a broad range of financial services. The bank operates under a mutual ownership model, meaning it is owned by its customers rather than external shareholders, which aligns its interests closely with those of local communities.

The bank traces its origins to early 19th-century savings institutions in Northern Norway, with roots in Tromsø Sparebank.

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