Vonovia SE (OTCMKTS:VONOY) Short Interest Up 334.1% in September

Vonovia SE (OTCMKTS:VONOY) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 36,900 shares, an increase of 334.1% from the September 15th total of 8,500 shares. Based on an average trading volume of 67,100 shares, the days-to-cover ratio is presently 0.5 days.

Vonovia Trading Up 1.2 %

Shares of VONOY traded up $0.20 during mid-day trading on Friday, reaching $17.50. 42,339 shares of the company’s stock were exchanged, compared to its average volume of 35,219. Vonovia has a 52-week low of $10.38 and a 52-week high of $18.73. The company has a 50-day simple moving average of $17.32 and a two-hundred day simple moving average of $15.61.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings results on Thursday, August 1st. The company reported ($0.49) earnings per share for the quarter. The company had revenue of $1.36 billion for the quarter. Vonovia had a negative return on equity of 9.45% and a negative net margin of 61.15%. Equities analysts forecast that Vonovia will post 1.11 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on VONOY. Berenberg Bank raised Vonovia to a “strong-buy” rating in a report on Friday, October 4th. Barclays raised Vonovia to a “strong sell” rating in a report on Friday, October 4th.

Vonovia Company Profile

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.