Aroundtown SA (OTCMKTS:AANNF) Stock Short Interest Report for October

Aroundtown SA (OTCMKTS:AANNF) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 1,086,925 shares, a drop of 54.9% from the October 15th total of 2,407,771 shares. Based on an average trading volume of 2,425 shares, the days-to-cover ratio is presently 448.2 days.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AANNF shares. The Goldman Sachs Group cut shares of Aroundtown from a “neutral” rating to a “sell” rating in a research note on Monday, October 12th. Morgan Stanley reissued an “underweight” rating on shares of Aroundtown in a research note on Tuesday, September 1st. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Sell”.

Aroundtown Price Performance

Aroundtown stock remained flat at $1.63 during mid-day trading on Friday. Aroundtown has a 1-year low of $1.52 and a 1-year high of $3.73. The stock has a fifty day moving average of $1.89 and a 200 day moving average of $2.58.

Aroundtown Company Profile

Aroundtown SA is a real estate company focused on owning, operating and managing income-generating properties in Europe. Its portfolio includes office buildings, hotels and residential properties, with a primary concentration in Germany and the Netherlands. The company’s activities include acquiring properties, improving and repositioning existing buildings, managing tenants and overseeing property-related services. Aroundtown also has exposure to the residential sector through its investment in Grand City Properties, a separately listed company specializing in residential real estate, primarily in Germany.