Short Interest in Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Drops By 85.8%

Key Points

• Short interest in Vonovia SE Unsponsored ADR dropped by 85.8%, falling from 64,800 shares to 9,200 shares in September.
• Jefferies Financial Group upgraded Vonovia from a "hold" to a "buy" rating, contributing to an overall average rating of "Moderate Buy" from analysts.
• As of recent trading, shares of Vonovia reached $15.55 with a fifty-two week range between $12.91 and $18.73.

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY - Get Free Report) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 9,200 shares, a drop of 85.8% from the August 31st total of 64,800 shares. Based on an average daily volume of 150,200 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 150,200 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Jefferies Financial Group upgraded Vonovia from a "hold" rating to a "buy" rating in a report on Sunday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

Vonovia Stock Performance

Shares of OTCMKTS:VONOY traded up $0.22 during trading on Tuesday, reaching $15.55. The stock had a trading volume of 105,073 shares, compared to its average volume of 74,837. The business has a fifty day moving average price of $15.93 and a 200-day moving average price of $15.93. Vonovia has a fifty-two week low of $12.91 and a fifty-two week high of $18.73.

Vonovia (OTCMKTS:VONOY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.22 EPS for the quarter. The business had revenue of $1.44 billion during the quarter. Vonovia had a positive return on equity of 1.09% and a negative net margin of 7.37%. On average, equities analysts expect that Vonovia will post 1.05 EPS for the current year.

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.

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