Vonovia SE (OTCMKTS:VONOY) Short Interest Update

Vonovia SE (OTCMKTS:VONOY) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 14,600 shares, a drop of 17.5% from the October 15th total of 17,700 shares. Based on an average trading volume of 65,100 shares, the short-interest ratio is presently 0.2 days.

Vonovia Stock Performance

Vonovia stock traded up $0.21 during midday trading on Friday, reaching $15.64. 64,334 shares of the stock were exchanged, compared to its average volume of 39,239. The company’s fifty day moving average is $17.23 and its 200-day moving average is $16.07. Vonovia has a 52 week low of $12.84 and a 52 week high of $18.73.

Wall Street Analysts Forecast Growth

VONOY has been the topic of several recent analyst reports. Barclays raised Vonovia to a “strong sell” rating in a research note on Friday, October 4th. Berenberg Bank raised shares of Vonovia to a “strong-buy” rating in a research note 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.