Basic-Fit (OTCMKTS:BSFFF) Sees Large Decline in Short Interest

Basic-Fit (OTCMKTS:BSFFF) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 886,000 shares, a drop of 6.1% from the September 15th total of 943,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 8,860.0 days.

Basic-Fit Price Performance

Basic-Fit stock opened at $26.94 on Friday. The company has a fifty day simple moving average of $25.67 and a 200-day simple moving average of $23.84. Basic-Fit has a 12-month low of $21.19 and a 12-month high of $30.00.

About Basic-Fit

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.