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 target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 394 shares, a decrease of 59.3% from the December 31st total of 969 shares. Based on an average daily volume of 962 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 962 shares, the days-to-cover ratio is presently 0.4 days.

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Stock Up 3.6%

Shares of LNDAF opened at $1.42 on Friday. Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros has a twelve month low of $1.20 and a twelve month high of $1.58. The firm’s 50 day moving average price is $1.48 and its two-hundred day moving average price is $1.53.

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

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.