SpareBank 1 SMN (OTCMKTS:SRMGF) Short Interest Update

SpareBank 1 SMN (OTCMKTS:SRMGF) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 15,373 shares, an increase of 136.8% from the February 26th total of 6,491 shares. Based on an average daily volume of 95 shares, the short-interest ratio is presently 161.8 days.

SpareBank 1 SMN Stock Performance

Shares of SRMGF stock opened at $20.81 on Thursday. The firm has a fifty day simple moving average of $14.50 and a 200-day simple moving average of $13.15. SpareBank 1 SMN has a twelve month low of $12.43 and a twelve month high of $20.81.

SpareBank 1 SMN Company Profile

SpareBank 1 SMN is a Norwegian savings bank headquartered in Trondheim, serving retail and corporate customers across Central Norway. As part of the SpareBank 1 Alliance, the bank offers a broad spectrum of financial services while maintaining local ownership and governance through a board of directors and executive management team.

The bank’s core business activities include deposit accounts, personal and commercial lending, mortgage financing and payment services. In addition to traditional banking, SpareBank 1 SMN provides insurance solutions, asset management, pension products and leasing services.