Sparebanken Vest (OTCMKTS:SPIZF) Stock Short Interest Rises 64,812.5%

Sparebanken Vest (OTCMKTS:SPIZF) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 5,193 shares, an increase of 64,812.5% from the September 30th total of 8 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Sparebanken Vest Stock Performance

OTCMKTS:SPIZF remained flat at $19.80 during trading hours on Monday. Sparebanken Vest has a twelve month low of $19.80 and a twelve month high of $20.59. The firm’s 50 day simple moving average is $19.80 and its two-hundred day simple moving average is $20.05.

About Sparebanken Vest

Sparebanken Vest is a Norwegian savings bank headquartered in Bergen. Founded in 1823, the bank developed from a regional savings institution into a full-service financial group serving individuals, businesses, and public-sector customers primarily in Western Norway.

Its principal services include residential and commercial lending, deposits, payment and cash-management services, online and mobile banking, and financial advice. Through associated companies and partnerships, the group has also offered insurance, pension, investment, securities, and consumer-finance products.

Sparebanken Vest historically operated through a network of offices and digital channels across Western Norway, with a focus on the counties and communities surrounding Bergen and the broader Vestland region.