SpareBank 1 Nord-Norge (OTCMKTS:SPXXF – Get Free Report) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 370 shares, a drop of 94.8% from the June 30th total of 7,158 shares. Based on an average trading volume of 117 shares, the days-to-cover ratio is presently 3.2 days.
SpareBank 1 Nord-Norge Stock Performance
SpareBank 1 Nord-Norge stock remained flat at $16.00 during trading on Friday. SpareBank 1 Nord-Norge has a 12 month low of $16.00 and a 12 month high of $16.30. The stock’s 50 day moving average price is $16.24 and its 200-day moving average price is $15.48.
SpareBank 1 Nord-Norge Company Profile
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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