Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Sees Significant Decline in Short Interest

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 400 shares, a drop of 83.3% from the December 31st total of 2,400 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 0.1 days.

Gjensidige Forsikring ASA Price Performance

Shares of Gjensidige Forsikring ASA stock traded down $0.03 during mid-day trading on Tuesday, reaching $20.42. 750 shares of the stock traded hands, compared to its average volume of 3,522. The business has a 50-day moving average of $17.98 and a 200 day moving average of $17.67. Gjensidige Forsikring ASA has a fifty-two week low of $13.39 and a fifty-two week high of $20.89.

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.