Short Interest in SpareBank 1 Nord-Norge (OTCMKTS:SPXXF) Declines By 52.9%

SpareBank 1 Nord-Norge (OTCMKTS:SPXXFGet Free Report) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 7,158 shares, a decline of 52.9% from the June 15th total of 15,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

SpareBank 1 Nord-Norge Stock Performance

Shares of OTCMKTS:SPXXF opened at $16.30 on Tuesday. The stock’s 50-day moving average is $16.29 and its 200 day moving average is $15.35. SpareBank 1 Nord-Norge has a 1 year low of $13.52 and a 1 year high of $16.30.

SpareBank 1 Nord-Norge Company Profile

(Get Free Report)

SpareBank 1 Nord-Norge is a Norwegian savings bank headquartered in Tromsø. As a member of the SpareBank 1 Alliance, it collaborates with several regional banks across Norway to deliver a broad range of financial services. The bank operates under a mutual ownership model, meaning it is owned by its customers rather than external shareholders, which aligns its interests closely with those of local communities.

The bank traces its origins to early 19th-century savings institutions in Northern Norway, with roots in Tromsø Sparebank.

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