Hemnet Group AB (publ) (OTCMKTS:HMNTY) Sees Significant Drop in Short Interest

Hemnet Group AB (publ) (OTCMKTS:HMNTY) was the target of a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 100 shares, a drop of 66.7% from the July 31st total of 300 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 0.0 days.

Hemnet Group AB (publ) Price Performance

Hemnet Group AB (publ) stock remained flat at $38.47 during midday trading on Wednesday. 65 shares of the company traded hands, compared to its average volume of 1,241. The firm has a 50 day moving average price of $34.59 and a two-hundred day moving average price of $31.21. Hemnet Group AB has a twelve month low of $16.90 and a twelve month high of $38.47.

Hemnet Group AB (publ) Company Profile

Hemnet Group AB (publ) operates a residential property platform in Sweden. Its platform gathers various property buyers, sellers, and real estate agents in one place. The company was founded in 1998 and is headquartered in Stockholm, Sweden.