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Hemnet Group AB - Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Down 97.1% in August

Key Points

  • The short interest in Hemnet Group AB decreased by 97.1% in August, dropping from 3,500 shares to just 100 as of August 31st, resulting in a short-interest ratio of 0.0 days.
  • As of mid-day trading on Thursday, Hemnet Group's shares fell by $0.44 to $27.10, with a trading volume significantly below its average.
  • The company operates a residential property platform in Sweden, connecting property buyers, sellers, and real estate agents since its founding in 1998.
  • Interested in Hemnet Group? Here are five stocks we like better.

Hemnet Group AB - Unsponsored ADR (OTCMKTS:HMNTY - Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 100 shares, a decline of 97.1% from the August 15th total of 3,500 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Hemnet Group Price Performance

Shares of OTCMKTS HMNTY traded down $0.44 during mid-day trading on Thursday, hitting $27.10. The stock had a trading volume of 774 shares, compared to its average volume of 2,652. The company has a 50 day moving average of $28.66 and a two-hundred day moving average of $32.08. Hemnet Group has a twelve month low of $24.94 and a twelve month high of $40.22.

Hemnet Group Company Profile

(Get Free Report)

Hemnet Group AB (publ) operates a residential property platform in Sweden. Its platform gathers various property buyers, sellers, and real estate agents in one place. The company was founded in 1998 and is headquartered in Stockholm, Sweden.

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