Vonovia SE (OTCMKTS:VONOY) Sees Significant Decrease in Short Interest

Vonovia SE (OTCMKTS:VONOY) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 17,700 shares, a decrease of 52.0% from the September 30th total of 36,900 shares. Based on an average daily trading volume, of 70,000 shares, the days-to-cover ratio is currently 0.3 days.

Vonovia Stock Down 1.4 %

OTCMKTS VONOY opened at $16.61 on Friday. Vonovia has a 1 year low of $10.66 and a 1 year high of $18.73. The company has a fifty day simple moving average of $17.56 and a 200 day simple moving average of $15.78.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.49) earnings per share (EPS) for the quarter. The firm had revenue of $1.36 billion for the quarter. Vonovia had a negative net margin of 61.15% and a negative return on equity of 9.45%. On average, sell-side analysts expect that Vonovia will post 1.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on VONOY. Barclays upgraded Vonovia to a “strong sell” rating in a research note on Friday, October 4th. Berenberg Bank raised Vonovia to a “strong-buy” rating in a research report on Friday, October 4th.

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.