Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Update

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 221,349 shares, an increase of 2,581.4% from the September 15th total of 8,255 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 979,008 shares, the days-to-cover ratio is presently 0.2 days.

Vonovia Price Performance

Shares of Vonovia stock traded up $0.01 during midday trading on Friday, hitting $9.14. 498,144 shares of the company were exchanged, compared to its average volume of 292,410. The firm has a 50 day simple moving average of $10.85 and a 200-day simple moving average of $11.92. Vonovia has a 52 week low of $9.00 and a 52 week high of $17.05. The firm has a market cap of $15.51 billion, a P/E ratio of 3.16 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last posted its earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.24. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.01 billion. Equities research analysts expect that Vonovia will post 1.07 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on VONOY. Zacks Research upgraded shares of Vonovia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Finally, The Goldman Sachs Group lowered shares of Vonovia from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

About Vonovia

Vonovia SE is a Germany-based residential real estate company that owns, manages and develops housing properties. Its portfolio primarily consists of apartments for private tenants, along with related residential and community facilities.

The company provides property management, maintenance, modernization and tenant services. Vonovia also offers energy-related solutions and invests in measures intended to improve the efficiency and quality of its buildings, including renovations and new residential construction.

Vonovia serves residential markets mainly in Germany, Sweden and Austria.