Veidekke ASA (OTCMKTS:VDEKF) Sees Large Decline in Short Interest

Veidekke ASA (OTCMKTS:VDEKF) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 878 shares, a drop of 66.8% from the June 15th total of 2,648 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Veidekke ASA Stock Performance

OTCMKTS VDEKF opened at $10.00 on Wednesday. Veidekke ASA has a one year low of $9.99 and a one year high of $11.65. The stock has a 50-day moving average of $10.00 and a 200 day moving average of $10.00.

Veidekke ASA Company Profile

Veidekke ASA engages in building construction and civil engineering activities. It operates through the Construction and Property Development segments. The Construction segment involves building and construction builds commercial, public, and residential buildings. The Property Development segment engages in the acquisition of sites and develops them into residential buildings for sale to the end customer. The company was founded in February 6, 1936 and is headquartered in Oslo, Norway.