Short Interest in flatexDEGIRO AG (OTCMKTS:FNNTF) Drops By 24.1%

flatexDEGIRO AG (OTCMKTS:FNNTF) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 43,880 shares, a decrease of 24.1% from the February 12th total of 57,848 shares. Based on an average trading volume of 2,078 shares, the short-interest ratio is presently 21.1 days. Based on an average trading volume of 2,078 shares, the short-interest ratio is presently 21.1 days.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of flatexDEGIRO in a research note on Thursday, January 29th. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

flatexDEGIRO Price Performance

FNNTF stock opened at $43.00 on Friday. The business’s 50-day moving average is $42.95 and its two-hundred day moving average is $36.05. flatexDEGIRO has a fifty-two week low of $39.33 and a fifty-two week high of $43.27.

flatexDEGIRO Company Profile

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.