Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) Sees Large Increase in Short Interest

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 13,235 shares, an increase of 887.0% from the May 31st total of 1,341 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Price Performance

Shares of LNDAF opened at $1.40 on Friday. The firm’s fifty day simple moving average is $1.41 and its two-hundred day simple moving average is $1.43. Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros has a 12 month low of $1.20 and a 12 month high of $1.58.

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

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.