Hemnet Group AB - Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Up 3,400.0% in August

Key Points

• Hemnet Group AB experienced a massive increase in short interest in August, rising by 3,400.0% to reach 3,500 shares from just 100 shares at the end of July.
• The company’s stock price is currently at $24.94, down by $2.88 from previous trading sessions, with a significant 12-month trading range between $24.94 and $40.22.
• Hemnet Group operates a residential property platform in Sweden, connecting buyers, sellers, and real estate agents since its founding in 1998.

Hemnet Group AB - Unsponsored ADR (OTCMKTS:HMNTY - ) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totaling 3,500 shares, agrowthof3,400.0% from the July 31st total of 100 shares. Based on an average daily volume of 5,400 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 5,400 shares, the short-interest ratio is currently 0.6 days.

Hemnet Group Price Performance

Shares of OTCMKTS HMNTY traded down $2.88 on Tuesday, reaching $24.94. 1,813 shares of the company's stock traded hands, compared to its average volume of 2,731. Hemnet Group has a 12 month low of $24.94 and a 12 month high of $40.22. The business's 50 day simple moving average is $28.98 and its two-hundred day simple moving average is $32.57.

About Hemnet Group

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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