Branicks Group AG (OTCMKTS:DDCCF – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 18,278 shares, a drop of 45.6% from the September 30th total of 33,591 shares. Based on an average daily volume of 19,374 shares, the days-to-cover ratio is presently 0.9 days.
Branicks Group Trading Down 7.3%
Shares of OTCMKTS:DDCCF traded down $0.03 during trading on Monday, reaching $0.39. The stock had a trading volume of 400 shares, compared to its average volume of 4,933. The firm’s fifty day moving average is $0.61 and its 200 day moving average is $1.33. Branicks Group has a 52 week low of $0.25 and a 52 week high of $2.38.
About Branicks Group
Branicks Group AG is a Germany-based commercial real estate company formerly known as DIC Asset AG. The company invests in, develops, manages and operates commercial properties, with a focus on office, logistics and retail real estate in major German markets.
Branicks conducts its activities through two principal areas: a proprietary real estate portfolio and its Institutional Business. The Institutional Business provides investment and asset management services for institutional investors and other capital partners, including the structuring and management of real estate funds and investment vehicles.
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