flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Update

flatexDEGIRO AG (OTCMKTS:FNNTF) was the recipient of a large decline in short interest in March. As of March 13th, there was short interest totaling 29,029 shares, a decline of 33.8% from the February 26th total of 43,880 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Citigroup reiterated a “buy” rating on shares of flatexDEGIRO in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of flatexDEGIRO in a research note on Thursday, January 29th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

flatexDEGIRO Price Performance

Shares of flatexDEGIRO stock remained flat at $33.70 during midday trading on Monday. The company had a trading volume of 100 shares, compared to its average volume of 116,400. flatexDEGIRO has a 52 week low of $33.70 and a 52 week high of $43.27. The firm has a 50-day moving average price of $42.71 and a 200 day moving average price of $36.84.

About flatexDEGIRO

flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.

The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.