Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Short Interest Update

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 292 shares, a decline of 97.3% from the April 30th total of 11,014 shares. Based on an average daily volume of 1,527 shares, the short-interest ratio is currently 0.2 days.

Gjensidige Forsikring ASA Stock Down 4.2%

Shares of GJNSY traded down $1.23 during mid-day trading on Wednesday, reaching $27.94. 711 shares of the stock traded hands, compared to its average volume of 1,397. The firm has a fifty day moving average price of $27.45 and a 200 day moving average price of $28.10. Gjensidige Forsikring ASA has a 1 year low of $23.73 and a 1 year high of $31.05.

About Gjensidige Forsikring ASA

Gjensidige Forsikring ASA is a leading Nordic insurance company headquartered in Oslo, Norway, offering a broad range of property and casualty insurance products. The company’s core business activities encompass home, motor, and commercial insurance, supplemented by liability and accident coverage. Gjensidige also provides life and pension solutions, savings products and select banking services, enabling it to serve both retail and corporate customers with integrated risk-management offerings.

Through a multi-channel distribution model, Gjensidige reaches its customers via a network of local agents, brokers and digital platforms.