Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Up 158.8% in December

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 1,092 shares, a growth of 158.8% from the November 30th total of 422 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,313 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 1,313 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald raised shares of Hemnet Group to a “hold” rating in a report on Wednesday, September 17th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Check Out Our Latest Report on Hemnet Group

Hemnet Group Trading Down 2.5%

OTCMKTS HMNTY traded down $0.49 on Friday, hitting $18.95. 3,376 shares of the stock were exchanged, compared to its average volume of 4,480. The company’s 50-day moving average price is $20.07 and its two-hundred day moving average price is $25.14. Hemnet Group has a 52-week low of $16.78 and a 52-week high of $40.22.

Hemnet Group Company Profile

(Get Free Report)

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.

Further Reading

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