Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) Sees Large Drop in Short Interest

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,341 shares, a decrease of 95.6% from the January 29th total of 30,264 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Price Performance

Shares of OTCMKTS LNDAF remained flat at $1.42 during trading on Friday. Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros has a 1-year low of $1.20 and a 1-year high of $1.58. The business has a 50-day simple moving average of $1.44 and a 200 day simple moving average of $1.51.

About Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros

Línea Directa Aseguradora, SA, Compañía de Seguros y Reaseguros is a Madrid‐based insurance company founded in 1995 by Bankinter and the Royal Bank of Scotland. Specializing in a direct‐to‐consumer model, the firm sells policies through telephone and digital channels, streamlining distribution and pricing by eliminating intermediaries. Its core offerings include motor, home, travel and health insurance, complemented by legal protection and roadside assistance services.

Headquartered in Spain, Línea Directa focuses on serving the Spanish market with tailored insurance solutions.