Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Up 157.9% in May

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 229,339 shares, a growth of 157.9% from the April 30th total of 88,926 shares. Based on an average daily volume of 478,284 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Zacks Research downgraded shares of Vonovia from a “hold” rating to a “strong sell” rating in a report on Monday, May 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vonovia in a report on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Vonovia Trading Down 1.0%

Shares of VONOY opened at $12.44 on Friday. The company has a market cap of $21.11 billion, a price-to-earnings ratio of 4.71 and a beta of 1.27. Vonovia has a 1-year low of $11.70 and a 1-year high of $17.80. The company’s fifty day simple moving average is $12.98 and its 200 day simple moving average is $14.14.

Vonovia (OTCMKTS:VONOY) last issued its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a net margin of 56.28% and a return on equity of 14.51%. As a group, research analysts forecast that Vonovia will post 1.22 earnings per share for the current year.

Vonovia Company Profile

Vonovia SE is a Germany-based residential real estate company headquartered in Bochum that owns, manages and develops rental housing. Its core activities center on long-term residential leasing, property and facility management, maintenance and modernization of apartment portfolios, and project development. Vonovia provides tenant services and operational support to maintain and upgrade its buildings, with an increasing focus on energy-efficiency measures and building refurbishments to modernize stock and reduce operating costs.

The company traces its roots to Deutsche Annington and adopted the Vonovia name following a period of consolidation and growth; it has expanded through a series of acquisitions to become one of the largest residential landlords in Germany.