Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) Sees Large Increase in Short Interest

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTYGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,767 shares, an increase of 61.8% from the December 15th total of 1,092 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,799 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 3,799 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Hemnet Group to a “hold” rating in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Research Report on Hemnet Group

Hemnet Group Price Performance

HMNTY stock traded up $0.05 during midday trading on Friday, hitting $17.30. The stock had a trading volume of 150 shares, compared to its average volume of 1,903. The business has a 50-day moving average of $18.47 and a two-hundred day moving average of $23.90. Hemnet Group has a 52-week low of $16.78 and a 52-week high of $40.22.

About Hemnet Group

(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.

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