SpareBank 1 SMN (OTCMKTS:SRMGF) Sees Large Decrease in Short Interest

SpareBank 1 SMN (OTCMKTS:SRMGFGet Free Report) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 9,017 shares, a decline of 37.0% from the June 15th total of 14,302 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

SpareBank 1 SMN Price Performance

SRMGF opened at $19.83 on Friday. The firm’s fifty day moving average price is $20.73 and its 200 day moving average price is $17.81. SpareBank 1 SMN has a 12-month low of $19.83 and a 12-month high of $20.80.

SpareBank 1 SMN Company Profile

(Get Free Report)

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.

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