flatexDEGIRO AG (OTCMKTS:FNNTF) Stock Short Interest Report for September

flatexDEGIRO AG (OTCMKTS:FNNTF) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 6,731 shares, a decline of 91.6% from the September 15th total of 80,307 shares. Based on an average trading volume of 1,671 shares, the days-to-cover ratio is currently 4.0 days.

flatexDEGIRO Price Performance

FNNTF stock remained flat at $33.90 during trading on Friday. flatexDEGIRO has a 52-week low of $32.57 and a 52-week high of $46.96. The stock has a 50 day moving average of $39.56 and a 200 day moving average of $38.99.

Analyst Ratings Changes

Several equities analysts recently commented on FNNTF shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of flatexDEGIRO in a report on Wednesday, July 22nd. Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a research note on Tuesday, October 6th. Finally, Morgan Stanley raised flatexDEGIRO from an “equal weight” rating to an “overweight” rating in a research note on Thursday, September 3rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, flatexDEGIRO currently has a consensus rating of “Moderate Buy”.

About flatexDEGIRO

flatexDEGIRO AG is a European online brokerage group that provides retail investors with digital access to securities markets. The company operates through the flatex and DEGIRO brands, offering brokerage services through online platforms and mobile applications.

Its services include trading and investing in shares, exchange-traded funds, bonds, investment funds, derivatives and other financial instruments. The group also provides related services such as securities custody, savings and investment plans, market information and portfolio-management tools, subject to the regulatory requirements of the countries in which it operates.

flatexDEGIRO was formed through the combination of German online broker flatex, established in 2006, and Dutch brokerage firm DEGIRO, founded in 2008.