Aroundtown SA (OTCMKTS:AANNF) Short Interest Update

Aroundtown SA (OTCMKTS:AANNF) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 2,831,023 shares, an increase of 27.9% from the January 15th total of 2,213,483 shares. Based on an average daily volume of 120 shares, the short-interest ratio is presently 23,591.9 days. Based on an average daily volume of 120 shares, the short-interest ratio is presently 23,591.9 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aroundtown in a report on Monday, December 1st. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Aroundtown Price Performance

OTCMKTS:AANNF opened at $3.50 on Wednesday. Aroundtown has a twelve month low of $2.53 and a twelve month high of $3.92. The company’s 50-day moving average price is $3.26 and its 200-day moving average price is $3.53.

About Aroundtown

Aroundtown SA is a Luxembourg-based real estate investment and asset management company specializing in a diversified portfolio of office, residential, hotel and retail properties across Europe. The company focuses primarily on the German market, with assets in major economic centres such as Berlin, Frankfurt, Munich and Düsseldorf. By targeting high-quality properties in established business districts, Aroundtown aims to generate stable, long-term rental income and capital appreciation.

Founded in 2004, Aroundtown has grown through a combination of strategic acquisitions and development projects.