SpareBank 1 Nord-Norge (OTCMKTS:SPXXF – Get Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 20,931 shares, an increase of 63.2% from the April 30th total of 12,827 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
SpareBank 1 Nord-Norge Stock Performance
Shares of OTCMKTS SPXXF opened at $16.30 on Wednesday. SpareBank 1 Nord-Norge has a 12-month low of $13.52 and a 12-month high of $16.30. The stock has a 50 day simple moving average of $16.29 and a 200-day simple moving average of $14.81.
SpareBank 1 Nord-Norge Company Profile
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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