flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Down 95.2% in April

flatexDEGIRO AG (OTCMKTS:FNNTF) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 12,375 shares, a decline of 95.2% from the April 15th total of 257,502 shares. Based on an average daily trading volume, of 66 shares, the short-interest ratio is presently 187.5 days.

flatexDEGIRO Price Performance

Shares of flatexDEGIRO stock remained flat at $37.20 during trading hours on Wednesday. The stock had a trading volume of 410 shares, compared to its average volume of 33,473. flatexDEGIRO has a twelve month low of $33.70 and a twelve month high of $46.96. The company’s fifty day simple moving average is $39.02 and its two-hundred day simple moving average is $37.73.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FNNTF. Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of flatexDEGIRO in a research note on Thursday, January 29th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

About flatexDEGIRO

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.