Short Interest in Vonovia SE (OTCMKTS:VONOY) Drops By 52.0%

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

Vonovia Price Performance

Shares of OTCMKTS:VONOY opened at $16.61 on Monday. The firm has a fifty day moving average of $17.57 and a two-hundred day moving average of $15.83. Vonovia has a 12-month low of $10.66 and a 12-month high of $18.73.

Vonovia (OTCMKTS:VONOY) last issued its earnings results on Thursday, August 1st. The company reported ($0.49) earnings per share (EPS) for the quarter. Vonovia had a negative net margin of 61.15% and a negative return on equity of 9.45%. The company had revenue of $1.36 billion for the quarter. On average, equities analysts predict that Vonovia will post 1.05 EPS for the current year.

Wall Street Analyst Weigh In

VONOY has been the topic of several research analyst reports. Barclays upgraded shares of Vonovia to a “strong sell” rating in a research report 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.