Short Interest in Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Increases By 3,000.0%

Gjensidige Forsikring ASA (OTCMKTS:GJNSY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 9,300 shares, an increase of 3,000.0% from the February 29th total of 300 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is currently 0.5 days.

Gjensidige Forsikring ASA Trading Down 1.1 %

OTCMKTS GJNSY opened at $14.52 on Friday. Gjensidige Forsikring ASA has a 52 week low of $13.75 and a 52 week high of $18.43. The business’s fifty day simple moving average is $16.12 and its 200-day simple moving average is $16.10.

Gjensidige Forsikring ASA Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 22nd. Stockholders of record on Friday, March 22nd will be issued a dividend of $0.5712 per share. The ex-dividend date of this dividend is Thursday, March 21st. This is a positive change from Gjensidige Forsikring ASA’s previous dividend of $0.56. Gjensidige Forsikring ASA’s payout ratio is currently 122.66%.

Gjensidige Forsikring ASA Company Profile

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension.