Grand City Properties S.A. (OTCMKTS:GRNNF) Sees Significant Decrease in Short Interest

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 133,058 shares, a drop of 34.6% from the December 31st total of 203,318 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered Grand City Properties from a “buy” rating to a “neutral” rating in a report on Thursday, December 4th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Grand City Properties currently has an average rating of “Moderate Buy”.

Grand City Properties Stock Performance

Shares of OTCMKTS:GRNNF opened at $11.55 on Friday. The company’s fifty day moving average is $11.65 and its 200 day moving average is $12.16. Grand City Properties has a 52 week low of $10.50 and a 52 week high of $13.01.

About Grand City Properties

Grand City Properties SA is a Luxembourg‐based real estate investment trust (REIT) specializing in residential property ownership and management across key European markets. The company focuses on acquiring, developing and operating mid‐market rental apartment portfolios, with a primary emphasis on major German cities and selected urban centres in the United Kingdom. Its diversified residential holdings comprise freehold assets that generate stable rental income streams and offer potential for long-term value appreciation.

Since its inception in the mid-2000s, Grand City Properties has pursued a value-add strategy, targeting underperforming or outdated properties in high-growth regions.