Short Interest in Grand City Properties S.A. (OTCMKTS:GRNNF) Drops By 6.5%

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 944,300 shares, a decline of 6.5% from the March 15th total of 1,009,600 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 858.5 days.

Grand City Properties Stock Performance

Shares of GRNNF stock remained flat at $10.47 on Wednesday. Grand City Properties has a twelve month low of $7.50 and a twelve month high of $11.46. The firm’s 50-day moving average is $10.12 and its 200-day moving average is $9.77.

About Grand City Properties

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other major urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.