Short Interest in Vonovia SE (OTCMKTS:VONOY) Declines By 25.9%

Vonovia SE (OTCMKTS:VONOY) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 27,400 shares, a drop of 25.9% from the August 15th total of 37,000 shares. Based on an average daily trading volume, of 86,600 shares, the short-interest ratio is currently 0.3 days.

Vonovia Price Performance

Shares of VONOY opened at $18.39 on Friday. The company’s fifty day moving average price is $16.31 and its 200-day moving average price is $15.09. Vonovia has a 1-year low of $10.38 and a 1-year high of $18.57.

Vonovia (OTCMKTS:VONOY) last posted its quarterly earnings results on Thursday, August 1st. The company reported ($0.49) earnings per share for the quarter. Vonovia had a negative net margin of 61.15% and a negative return on equity of 9.45%. The firm had revenue of $1.36 billion for the quarter. As a group, equities research analysts predict that Vonovia will post 1.1 EPS for the current fiscal year.

About Vonovia

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.