SpareBank 1 SMN (OTCMKTS:SRMGF) Short Interest Up 464.9% in February

SpareBank 1 SMN (OTCMKTS:SRMGF) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 6,491 shares, a growth of 464.9% from the February 12th total of 1,149 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

SpareBank 1 SMN Price Performance

OTCMKTS:SRMGF remained flat at $20.81 during trading hours on Tuesday. 460 shares of the company were exchanged, compared to its average volume of 1,560. The firm’s 50-day moving average price is $12.49 and its 200-day moving average price is $12.45. SpareBank 1 SMN has a one year low of $12.43 and a one year high of $20.81.

SpareBank 1 SMN Company Profile

SpareBank 1 SMN is a Norwegian savings bank headquartered in Trondheim, serving retail and corporate customers across Central Norway. As part of the SpareBank 1 Alliance, the bank offers a broad spectrum of financial services while maintaining local ownership and governance through a board of directors and executive management team.

The bank’s core business activities include deposit accounts, personal and commercial lending, mortgage financing and payment services. In addition to traditional banking, SpareBank 1 SMN provides insurance solutions, asset management, pension products and leasing services.