Basic-Fit (OTCMKTS:BSFFF) Sees Significant Decrease in Short Interest

Basic-Fit (OTCMKTS:BSFFF) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 715,300 shares, a decrease of 7.9% from the March 15th total of 776,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 7,153.0 days.

Basic-Fit Stock Performance

BSFFF remained flat at $24.53 during trading hours on Monday. Basic-Fit has a 1-year low of $21.19 and a 1-year high of $43.00. The company’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $27.37.

Basic-Fit Company Profile

Basic-Fit N.V., together with its subsidiaries, engages in the operation of fitness clubs. It operates clubs under Basic-Fit brand in the Netherlands, Belgium, Luxembourg, Germany, France, and Spain. The company was founded in 1984 and is based in Hoofddorp, the Netherlands.