Hemnet Group AB - Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Update

Key Points

• Short interest for Hemnet Group AB's stock increased by 200% in September, reaching a total of 300 shares, up from 100 shares at the end of August.
• Analyst ratings show that Cantor Fitzgerald upgraded the company's rating to a "hold" on September 17th, contributing to an overall average rating of "hold" for Hemnet Group.
• The stock is currently trading at $24.35, with a one-year high of $40.22 and a fifty-day moving average of $27.35.

Hemnet Group AB - Unsponsored ADR (OTCMKTS:HMNTY - Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 300 shares, a growth of 200.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 6,500 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 6,500 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Cantor Fitzgerald raised Hemnet Group to a "hold" rating in a research report on Wednesday, September 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Hemnet Group has an average rating of "Hold".

Hemnet Group Price Performance

Shares of HMNTY traded down $0.50 during mid-day trading on Friday, reaching $24.35. The company's stock had a trading volume of 281 shares, compared to its average volume of 2,125. Hemnet Group has a 1 year low of $24.35 and a 1 year high of $40.22. The business has a fifty day moving average of $27.35 and a 200 day moving average of $30.92.

Hemnet Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.