Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Sees Large Increase in Short Interest

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 9,968 shares, a growth of 37.1% from the January 15th total of 7,269 shares. Based on an average daily trading volume, of 1,531 shares, the short-interest ratio is presently 6.5 days. Based on an average daily trading volume, of 1,531 shares, the short-interest ratio is presently 6.5 days.

Gjensidige Forsikring ASA Trading Down 6.0%

OTCMKTS:GJNSY opened at $28.04 on Friday. The business’s fifty day moving average is $29.19 and its 200 day moving average is $28.28. Gjensidige Forsikring ASA has a 52-week low of $19.16 and a 52-week high of $31.05.

About Gjensidige Forsikring ASA

Gjensidige Forsikring ASA is a leading Nordic insurance company headquartered in Oslo, Norway, offering a broad range of property and casualty insurance products. The company’s core business activities encompass home, motor, and commercial insurance, supplemented by liability and accident coverage. Gjensidige also provides life and pension solutions, savings products and select banking services, enabling it to serve both retail and corporate customers with integrated risk-management offerings.

Through a multi-channel distribution model, Gjensidige reaches its customers via a network of local agents, brokers and digital platforms.