flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Update

flatexDEGIRO AG (OTCMKTS:FNNTF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 59,739 shares, a drop of 52.6% from the November 30th total of 126,157 shares. Based on an average trading volume of 8,897 shares, the days-to-cover ratio is currently 6.7 days. Based on an average trading volume of 8,897 shares, the days-to-cover ratio is currently 6.7 days.

Wall Street Analysts Forecast Growth

FNNTF has been the subject of a number of research reports. UBS Group began coverage on shares of flatexDEGIRO in a research report on Friday, October 10th. They set a “buy” rating for the company. Citigroup reaffirmed a “buy” rating on shares of flatexDEGIRO in a report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

flatexDEGIRO Price Performance

Shares of FNNTF stock remained flat at $32.50 during trading hours on Monday. The business’s 50-day moving average is $32.50 and its 200-day moving average is $31.41. flatexDEGIRO has a 12 month low of $14.40 and a 12 month high of $32.80.

About flatexDEGIRO

flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.

The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.