Schibsted ASA (OTCMKTS:SBSNY) Short Interest Update

Schibsted ASA (OTCMKTS:SBSNY) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,500 shares, an increase of 200.0% from the August 31st total of 500 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 1.9 days.

Schibsted ASA Trading Down 0.9 %

Shares of SBSNY traded down $0.28 during trading hours on Friday, hitting $32.22. 403 shares of the stock traded hands, compared to its average volume of 3,449. The business has a fifty day moving average of $30.04 and a 200-day moving average of $30.24. Schibsted ASA has a 1-year low of $22.13 and a 1-year high of $42.90.

Schibsted ASA Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.5459 per share. The ex-dividend date of this dividend is Wednesday, September 4th. Schibsted ASA’s payout ratio is presently 8.09%.

About Schibsted ASA

Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, Delivery and Growth & Investments segments. It operates online classifieds that provide technology-based services to connect buyers and sellers, and facilitate transactions, including job offers, real estate, cars, travel, consumer goods, and others.