Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Stock Short Interest Climbs 75.4%

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 388,180 shares, a growth of 75.4% from the September 30th total of 221,349 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,281,976 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Zacks Research raised shares of Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. The Goldman Sachs Group cut shares of Vonovia from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 7th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Vonovia in a report on Wednesday, October 14th. Morgan Stanley lowered shares of Vonovia to an “underweight” rating in a research note on Tuesday, October 20th. Finally, Oddo Bhf lowered shares of Vonovia to a “neutral” rating in a research note on Thursday, October 29th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Vonovia currently has a consensus rating of “Hold”.

Vonovia Price Performance

Shares of OTCMKTS:VONOY opened at $9.06 on Wednesday. The firm has a fifty day moving average price of $9.89 and a two-hundred day moving average price of $12.34. Vonovia has a one year low of $8.60 and a one year high of $17.05.

Vonovia (OTCMKTS:VONOY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.24. Vonovia had a return on equity of 15.40% and a net margin of 61.85%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.01 billion. Sell-side analysts forecast that Vonovia will post 1.04 EPS for the current fiscal year.

Vonovia Company Profile

Vonovia SE is a European residential real estate company headquartered in Bochum, Germany. The company owns, manages and develops residential properties, with a portfolio focused primarily on apartments and homes for individuals and families.

Its activities include property management, tenant services, building maintenance, modernization and the development of new residential projects. Vonovia also provides related services such as energy solutions, technical building operations and other services intended to support the management and improvement of its properties.

Vonovia serves tenants primarily in Germany, Austria and Sweden.