Deutsche Pfandbriefbank AG (OTCMKTS:PBBGF – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 869,746 shares, a drop of 41.1% from the June 15th total of 1,475,567 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Deutsche Pfandbriefbank Price Performance
OTCMKTS:PBBGF remained flat at $3.90 during mid-day trading on Thursday. Deutsche Pfandbriefbank has a 52-week low of $3.70 and a 52-week high of $3.97. The company’s 50 day moving average is $3.81 and its 200-day moving average is $5.11.
Deutsche Pfandbriefbank Company Profile
Deutsche Pfandbriefbank AG (OTCMKTS:PBBGF) is a German specialist bank headquartered in Garching near Munich. It provides long-term financing solutions for commercial real estate and public sector clients, leveraging its expertise in covered bond issuance to secure stable funding. The bank’s focus on Pfandbriefe, Germany’s regulated covered bonds, underpins its conservative risk profile and supports its asset-liability management strategy.
In its commercial real estate segment, Deutsche Pfandbriefbank offers tailored investment loans, project financing and portfolio solutions for office, retail, residential and logistics properties.
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