Short Interest in Vonovia SE (OTCMKTS:VONOY) Increases By 117.6%

Vonovia SE (OTCMKTS:VONOY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 53,300 shares, an increase of 117.6% from the December 31st total of 24,500 shares. Based on an average daily trading volume, of 174,100 shares, the days-to-cover ratio is currently 0.3 days.

Vonovia Trading Up 0.3 %

Shares of OTCMKTS VONOY traded up $0.05 on Wednesday, reaching $14.91. 84,750 shares of the company traded hands, compared to its average volume of 86,422. Vonovia has a fifty-two week low of $12.84 and a fifty-two week high of $18.73. The company has a 50 day moving average of $15.35 and a 200 day moving average of $16.25.

Vonovia (OTCMKTS:VONOY) last issued its earnings results on Wednesday, November 6th. The company reported ($0.05) earnings per share for the quarter. Vonovia had a negative net margin of 72.39% and a negative return on equity of 11.28%. The firm had revenue of $1.45 billion during the quarter. As a group, equities analysts predict that Vonovia will post 1.02 earnings per share for the current year.

Analyst Ratings Changes

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