Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Stock Short Interest Climbs 96.0%

Key Points

• Short interest in Vonovia’s ADR surged 96%, rising to 8,255 shares as of September 15 from 4,211 shares at the end of August. Despite the increase, short interest represents 0.0% of shares and just 0.0 days of average trading volume.
• VONOY opened at $9.71, near its 52-week low of $9.62 and below its 50-day and 200-day moving averages. The company has a $16.48 billion market capitalization and a price-to-earnings ratio of 3.36.
• Vonovia exceeded quarterly expectations, reporting $0.47 EPS versus the $0.23 consensus and $1.47 billion in revenue. Analyst sentiment is mixed but centers on a “Hold” consensus, with one Buy rating and two Hold ratings.

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY - Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 8,255 shares, a growth of 96.0% from the August 31st total of 4,211 shares. Based on an average trading volume of 951,199 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Vonovia Stock Down 0.6%

VONOY stock opened at $9.71 on Tuesday. The stock has a market cap of $16.48 billion, a PE ratio of 3.36 and a beta of 1.22. The firm's 50-day simple moving average is $11.24 and its 200 day simple moving average is $12.15. Vonovia has a fifty-two week low of $9.62 and a fifty-two week high of $17.05.

Vonovia (OTCMKTS:VONOY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.23 by $0.24. The firm had revenue of $1.47 billion during the quarter, compared to analysts' expectations of $1.01 billion. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. Equities analysts forecast that Vonovia will post 0.97 EPS for the current fiscal year.

Analyst Ratings Changes

VONOY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft raised Vonovia from a "hold" rating to a "buy" rating in a report on Thursday, June 25th. The Goldman Sachs Group lowered Vonovia from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 7th. Finally, Zacks Research upgraded Vonovia from a "strong sell" rating to a "hold" rating in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold".

Vonovia Company Profile

Vonovia SE is a German residential real estate company headquartered in Bochum. The company owns, manages and develops residential properties, with a focus on providing housing and related services to tenants. Its activities include property management, maintenance, modernization, energy services and the development of new residential buildings.

Vonovia's portfolio is concentrated in Germany, with additional operations in Austria and Sweden. Through its local platforms and service businesses, the company provides tenant support, building maintenance, technical services and measures designed to improve the energy efficiency and quality of its properties.

The company traces its roots to Deutsche Annington, which acquired GAGFAH in 2015 and subsequently adopted the Vonovia name.

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