Storebrand ASA (OTCMKTS:SREDF) Short Interest Update

Storebrand ASA (OTCMKTS:SREDF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 9,600 shares, a decline of 21.3% from the August 15th total of 12,200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 48.0 days. Based on an average daily volume of 200 shares, the short-interest ratio is presently 48.0 days.

Storebrand ASA Stock Performance

SREDF stock opened at $15.34 on Friday. Storebrand ASA has a fifty-two week low of $10.75 and a fifty-two week high of $15.34. The business’s 50 day moving average price is $14.32 and its two-hundred day moving average price is $12.44.

About Storebrand ASA

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.