Storebrand ASA (OTCMKTS:SREDF) Short Interest Update

Storebrand ASA (OTCMKTS:SREDF) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 291,889 shares, a growth of 189.3% from the March 31st total of 100,902 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Storebrand ASA Price Performance

Shares of Storebrand ASA stock opened at $18.05 on Friday. The firm’s fifty day simple moving average is $18.16 and its 200-day simple moving average is $16.86. Storebrand ASA has a 12 month low of $16.07 and a 12 month high of $19.00.

About Storebrand ASA

Storebrand ASA is a leading Norwegian financial services group specializing in long-term savings and insurance solutions. Headquartered in Oslo, the company traces its roots to the 18th century and has grown into one of the foremost providers of life insurance, pensions, and health-related coverage in the Nordic region.

The company’s core activities encompass individual and corporate pension plans, life and non-life insurance products, and comprehensive health insurance services. Through its subsidiaries, Storebrand offers defined contribution and defined benefit schemes, personal pension savings accounts, and disability protection.