Vonovia SE (OTCMKTS:VONOY) Sees Large Growth in Short Interest

Vonovia SE (OTCMKTS:VONOY) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 24,500 shares, a growth of 775.0% from the November 30th total of 2,800 shares. Based on an average daily trading volume, of 70,200 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Barclays upgraded shares of Vonovia to a “strong sell” rating in a report on Friday, October 4th. Berenberg Bank upgraded Vonovia to a “strong-buy” rating in a research report on Friday, October 4th.

Vonovia Trading Down 0.3 %

Shares of Vonovia stock traded down $0.05 during trading hours on Thursday, hitting $15.39. The company had a trading volume of 57,757 shares, compared to its average volume of 67,292. The company’s 50-day moving average is $16.07 and its two-hundred day moving average is $16.18. Vonovia has a twelve month low of $12.84 and a twelve month high of $18.73.

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.