Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Update

Key Points

• Short interest in Vonovia SE was reported to have increased by 69.2%, rising from 38,300 shares to 64,800 shares as of August 31st, indicating heightened bearish sentiment.
• Jefferies Financial Group upgraded Vonovia from a "hold" to a "buy" rating, contributing to a consensus rating of "Moderate Buy" from analysts.
• Vonovia's shares opened at $15.51, with a notable 52-week high of $18.73 and a low of $12.91 as the company reported quarterly earnings of $0.22 per share.

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY - Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 64,800 shares, an increase of 69.2% from the August 15th total of 38,300 shares. Based on an average daily volume of 98,500 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 98,500 shares, the days-to-cover ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded shares of Vonovia from a "hold" rating to a "buy" rating in a research note on Sunday, September 7th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Vonovia Trading Up 0.1%

Shares of Vonovia stock opened at $15.51 on Monday. The company's 50-day moving average price is $16.19 and its two-hundred day moving average price is $15.86. Vonovia has a 52 week low of $12.91 and a 52 week high of $18.73.

Vonovia (OTCMKTS:VONOY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.22 earnings per share for the quarter. The firm had revenue of $1.44 billion for the quarter. Vonovia had a positive return on equity of 1.09% and a negative net margin of 7.37%. As a group, analysts expect that Vonovia will post 1.05 earnings per share for the current fiscal year.

About Vonovia

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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