On the 29th of May (2013) a minor earthquake swarm took place on the Reykjanes Ridge. The largest earthquake in this swarm had the magnitude of 2.3, the depth range in this earthquake swarm was about 5.5 to 12 km. This was just a minor earthquake swarm, it also did not last long.
This area of the Reykjanes ridge is highly active, only about three weeks ago there was a strong earthquake swarm in this area. This might just be a aftershock activity from that, it is however difficult to know for sure. I am expecting more earthquakes in this area in next few weeks to months.