Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Short Interest Down 16.9% in March

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 8,494 shares, a decrease of 16.9% from the March 15th total of 10,222 shares. Based on an average daily volume of 2,694 shares, the days-to-cover ratio is currently 3.2 days.

Gjensidige Forsikring ASA Price Performance

GJNSY opened at $28.95 on Thursday. The firm has a 50 day moving average price of $27.77 and a 200 day moving average price of $28.18. Gjensidige Forsikring ASA has a 1 year low of $22.44 and a 1 year high of $31.05.

Gjensidige Forsikring ASA Company Profile

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.