SpareBank 1 Nord-Norge (OTCMKTS:SPXXF – Get Rating) was the target of a sharp increase in short interest during the month of May. As of May 15, there was short interest totaling 8,000 shares, an increase of 45.5% from the April 30 total of 5,500 shares. Based on an average daily trading volume of 1,500 shares, the days-to-cover ratio is currently 5.3 days.
Shares of OTCMKTS SPXXF opened at $10.00 on Friday. The company has a 50-day simple moving average of $11.16 and a 200-day simple moving average of $10.63. SpareBank 1 Nord-Norge has a 1 year minimum of $10.00 and a 1 year maximum of $11.99.
About SpareBank 1 Nord-Norge (Get a rating)
SpareBank 1 Nord-Norge provides banking services to individuals and businesses in Northern Norway. It operates through the Retail Market, Enterprise Market, Rental and Markets segments. The company offers various savings, credit, insurance and retirement products, as well as payment services. It also provides secured loan financing, real estate and agency leasing, billing systems and accounting solutions.
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