Short Interest in Vonovia SE (OTCMKTS:VONOY) Decreases By 17.5%

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

Vonovia Stock Up 0.6 %

Shares of VONOY stock opened at $15.43 on Friday. Vonovia has a 12 month low of $12.84 and a 12 month high of $18.73. The company has a 50 day simple moving average of $17.33 and a two-hundred day simple moving average of $16.06.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Berenberg Bank raised shares of Vonovia to a “strong-buy” rating in a report on Friday, October 4th. Barclays raised shares of Vonovia to a “strong sell” rating in a report on Friday, October 4th.

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.