Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Short Interest Up 166.7% in February

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,600 shares, a growth of 166.7% from the February 13th total of 600 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is presently 0.9 days.

Gjensidige Forsikring ASA Stock Up 2.0 %

GJNSY traded up $0.45 during mid-day trading on Friday, reaching $22.97. The stock had a trading volume of 1,298 shares, compared to its average volume of 1,991. The firm’s fifty day simple moving average is $19.98 and its two-hundred day simple moving average is $18.60. Gjensidige Forsikring ASA has a 52 week low of $13.39 and a 52 week high of $22.97.

Gjensidige Forsikring ASA Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 24th will be paid a $0.5961 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Gjensidige Forsikring ASA’s previous dividend of $0.57. Gjensidige Forsikring ASA’s dividend payout ratio is 122.66%.

Gjensidige Forsikring ASA Company Profile

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension.