Vonovia SE (OTCMKTS:VONOY) Sees Significant Increase in Short Interest

Vonovia SE (OTCMKTS:VONOY) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 24,500 shares, a growth of 775.0% from the November 30th total of 2,800 shares. Based on an average trading volume of 70,200 shares, the days-to-cover ratio is presently 0.3 days.

Vonovia Stock Down 0.3 %

OTCMKTS VONOY opened at $15.39 on Friday. Vonovia has a 52 week low of $12.84 and a 52 week high of $18.73. The firm’s 50-day simple moving average is $16.02 and its two-hundred day simple moving average is $16.18.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays upgraded shares of Vonovia to a “strong sell” rating in a research report on Friday, October 4th. Berenberg Bank upgraded shares of Vonovia to a “strong-buy” rating in a research note on Friday, October 4th.

Vonovia Company Profile

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.