Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Shares Shorted: Short Interest Up 96.0% in September

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 8,255 shares, an increase of 96.0% from the August 31st total of 4,211 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 951,199 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

VONOY has been the topic of a number of research reports. Zacks Research raised Vonovia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. The Goldman Sachs Group downgraded Vonovia from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Vonovia Stock Up 1.2%

Shares of Vonovia stock opened at $9.83 on Wednesday. The stock’s fifty day moving average is $11.20 and its two-hundred day moving average is $12.12. Vonovia has a 52 week low of $9.62 and a 52 week high of $17.05. The company has a market capitalization of $16.68 billion, a PE ratio of 3.40 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.24. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.01 billion. As a group, research analysts anticipate that Vonovia will post 0.97 earnings per share for the current year.

Vonovia Company Profile

Vonovia SE is a Germany-based residential real estate company that owns, manages and develops housing properties. Its portfolio primarily consists of apartments for private tenants, along with related residential and community facilities.

The company provides property management, maintenance, modernization and tenant services. Vonovia also offers energy-related solutions and invests in measures intended to improve the efficiency and quality of its buildings, including renovations and new residential construction.

Vonovia serves residential markets mainly in Germany, Sweden and Austria.