Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) Sees Significant Decrease in Short Interest

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros (OTCMKTS:LNDAF) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 394 shares, a drop of 59.3% from the December 31st total of 969 shares. Based on an average trading volume of 962 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 962 shares, the short-interest ratio is presently 0.4 days.

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros Stock Up 3.6%

Shares of OTCMKTS LNDAF traded up $0.05 during midday trading on Thursday, hitting $1.42. 28,892 shares of the company’s stock were exchanged, compared to its average volume of 11,388. Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros has a 12-month low of $1.20 and a 12-month high of $1.58. The business’s fifty day moving average price is $1.48 and its two-hundred day moving average price is $1.53.

About Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros

Línea Directa Aseguradora, SA, Compañía de Seguros y Reaseguros is a Madrid‐based insurance company founded in 1995 by Bankinter and the Royal Bank of Scotland. Specializing in a direct‐to‐consumer model, the firm sells policies through telephone and digital channels, streamlining distribution and pricing by eliminating intermediaries. Its core offerings include motor, home, travel and health insurance, complemented by legal protection and roadside assistance services.

Headquartered in Spain, Línea Directa focuses on serving the Spanish market with tailored insurance solutions.