Basic-Fit (OTCMKTS:BSFFF) Sees Large Increase in Short Interest

Basic-Fit (OTCMKTS:BSFFF) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 669,100 shares, an increase of 30.8% from the April 30th total of 511,400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 6,691.0 days.

Basic-Fit Stock Performance

Shares of Basic-Fit stock opened at $22.29 on Wednesday. The company has a 50-day moving average of $20.57 and a 200 day moving average of $22.25. Basic-Fit has a 1 year low of $19.00 and a 1 year high of $27.00.

Basic-Fit Company Profile

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.