Deutsche Wohnen SE (OTCMKTS:DTCWY) Sees Significant Growth in Short Interest

Deutsche Wohnen SE (OTCMKTS:DTCWY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 546 shares, a growth of 60.1% from the September 30th total of 341 shares. Based on an average trading volume of 275 shares, the short-interest ratio is presently 2.0 days.

Deutsche Wohnen Stock Down 0.7%

Shares of DTCWY stock traded down $0.06 during trading hours on Monday, hitting $8.81. 101 shares of the company were exchanged, compared to its average volume of 488. The business has a 50 day moving average of $9.54 and a two-hundred day moving average of $11.15. Deutsche Wohnen has a 52 week low of $8.52 and a 52 week high of $14.01.

Deutsche Wohnen Company Profile

Deutsche Wohnen SE is a German residential real estate company headquartered in Berlin. Its core business is the ownership, management and development of residential properties, with a focus on apartments in metropolitan areas and other high-demand urban regions of Germany.

The company provides rental housing and related property management services, including tenant support, building maintenance, modernization and energy-efficiency improvements. Its portfolio has historically also included commercial properties and nursing and assisted-living facilities, although residential real estate remains its principal activity.

Deutsche Wohnen was established in 1998 and expanded through acquisitions and portfolio consolidation in the German housing market.