flatexDEGIRO AG (OTCMKTS:FNNTF) Stock Short Interest Report for October

flatexDEGIRO AG (OTCMKTS:FNNTF) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 10,961 shares, a growth of 62.8% from the September 30th total of 6,731 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

flatexDEGIRO Stock Performance

Shares of FNNTF opened at $27.10 on Tuesday. The business’s fifty day moving average price is $35.32 and its two-hundred day moving average price is $39.18. flatexDEGIRO has a 52 week low of $27.10 and a 52 week high of $46.96.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FNNTF shares. Deutsche Bank Aktiengesellschaft lowered shares of flatexDEGIRO from a “buy” rating to a “hold” rating in a report on Monday, October 12th. Jefferies Financial Group reissued a “hold” rating on shares of flatexDEGIRO in a report on Wednesday, July 22nd. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a research report on Tuesday, October 6th. Finally, Morgan Stanley raised flatexDEGIRO from an “equal weight” rating to an “overweight” rating in a report on Thursday, September 3rd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

flatexDEGIRO Company Profile

flatexDEGIRO AG is a European online brokerage and financial services company headquartered in Frankfurt, Germany. It operates primarily through the flatex and DEGIRO brands, providing retail investors with digital access to securities markets and related financial services.

The company’s platforms allow customers to trade stocks, exchange-traded funds, bonds, funds, derivatives and other investment products. Its offerings also include savings and investment plans, market information, portfolio management tools and cash-management or banking services, depending on the customer’s market and applicable regulations.

flatexDEGIRO serves clients across multiple European countries, including Germany, Austria, the Netherlands, France, Spain, Portugal, Italy and Ireland.