Storebrand ASA (OTCMKTS:SREDF) Short Interest Update

Storebrand ASA (OTCMKTS:SREDF) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totaling 12,200 shares, agrowthof197.6% from the July 31st total of 4,100 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 61.0 days. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 61.0 days.

Storebrand ASA Price Performance

Shares of SREDF stock opened at $15.34 on Friday. The company’s fifty day simple moving average is $13.99 and its two-hundred day simple moving average is $12.17. Storebrand ASA has a 1 year low of $10.75 and a 1 year high of $15.34.

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.