flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Down 33.8% in March

flatexDEGIRO AG (OTCMKTS:FNNTF) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 29,029 shares, a decrease of 33.8% from the February 26th total of 43,880 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

flatexDEGIRO Price Performance

Shares of FNNTF stock traded down $9.30 on Friday, hitting $33.70. The stock had a trading volume of 100 shares, compared to its average volume of 116,400. flatexDEGIRO has a twelve month low of $33.70 and a twelve month high of $43.27. The company has a fifty day moving average price of $42.71 and a two-hundred day moving average price of $36.80.

Analyst Ratings Changes

Several research firms have recently issued reports on FNNTF. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of flatexDEGIRO in a research report on Thursday, January 29th. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

flatexDEGIRO Company Profile

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.