flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Update

flatexDEGIRO AG (OTCMKTS:FNNTF) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 96,219 shares, a growth of 382.3% from the June 30th total of 19,948 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

flatexDEGIRO Price Performance

Shares of OTCMKTS:FNNTF opened at $43.25 on Monday. The business has a 50-day simple moving average of $39.27 and a two-hundred day simple moving average of $40.14. flatexDEGIRO has a fifty-two week low of $33.70 and a fifty-two week high of $46.96.

Analysts Set New Price Targets

FNNTF has been the topic of several analyst reports. Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a report on Monday, July 6th. Barclays assumed coverage on flatexDEGIRO in a research report on Friday, June 12th. They issued an “overweight” rating for the company. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of flatexDEGIRO in a research note on Wednesday. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.