Short Interest in Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Expands By 225.7%

Gjensidige Forsikring ASA (OTCMKTS:GJNSYGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 951 shares, an increase of 225.7% from the May 14th total of 292 shares. Based on an average daily volume of 2,753 shares, the short-interest ratio is presently 0.3 days.

Gjensidige Forsikring ASA Stock Down 1.4%

Shares of GJNSY traded down $0.38 on Thursday, hitting $26.93. The company’s stock had a trading volume of 2,646 shares, compared to its average volume of 1,364. Gjensidige Forsikring ASA has a fifty-two week low of $23.73 and a fifty-two week high of $31.05. The company has a 50 day moving average price of $27.54 and a 200 day moving average price of $28.12.

Gjensidige Forsikring ASA Company Profile

(Get Free Report)

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.

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