Storebrand ASA (OTCMKTS:SREDY) Short Interest Down 66.7% in June

Storebrand ASA (OTCMKTS:SREDY) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a drop of 66.7% from the May 31st total of 300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Storebrand ASA Stock Performance

Shares of Storebrand ASA stock remained flat at $20.02 during trading on Thursday. The company has a 50 day moving average price of $18.95 and a two-hundred day moving average price of $16.50. Storebrand ASA has a fifty-two week low of $19.13 and a fifty-two week high of $20.07.

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.