Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 287 shares, an increase of 362.9% from the October 15th total of 62 shares. Based on an average daily trading volume, of 1,168 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.
Analyst Ratings Changes
Separately, Nordea Equity Research upgraded shares of Hemnet Group to a “buy” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.
Get Our Latest Stock Analysis on HMNTY
Hemnet Group Stock Down 6.6%
Shares of HMNTY opened at $7.20 on Friday. Hemnet Group has a 12 month low of $6.40 and a 12 month high of $19.81. The firm’s 50 day moving average is $7.33 and its 200-day moving average is $10.25.
Hemnet Group Company Profile
Hemnet Group operates Hemnet, a Swedish online property marketplace that helps people search for homes for sale and connects homebuyers and sellers with real estate agents. The platform features residential property listings across Sweden. Hemnet also provides services related to advertising and promoting property listings, along with tools and information for consumers and real estate professionals. The company was founded in 1998 and focuses primarily on the Swedish housing market.
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