SpareBank 1 Nord-Norge (OTCMKTS:SPXXF) Short Interest Update

SpareBank 1 Nord-Norge (OTCMKTS:SPXXFGet Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 43 shares, a decline of 88.4% from the July 15th total of 370 shares. Based on an average daily volume of 2 shares, the days-to-cover ratio is presently 21.5 days.

SpareBank 1 Nord-Norge Price Performance

Shares of SPXXF stock opened at $16.00 on Wednesday. SpareBank 1 Nord-Norge has a fifty-two week low of $16.00 and a fifty-two week high of $16.30. The stock’s 50-day moving average is $16.17 and its two-hundred day moving average is $15.68.

About SpareBank 1 Nord-Norge

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SpareBank 1 Nord-Norge is a Norwegian savings bank headquartered in Tromsø. As a member of the SpareBank 1 Alliance, it collaborates with several regional banks across Norway to deliver a broad range of financial services. The bank operates under a mutual ownership model, meaning it is owned by its customers rather than external shareholders, which aligns its interests closely with those of local communities.

The bank traces its origins to early 19th-century savings institutions in Northern Norway, with roots in Tromsø Sparebank.

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