Short Interest in Grand City Properties S.A. (OTCMKTS:GRNNF) Expands By 151.4%

Grand City Properties S.A. (OTCMKTS:GRNNF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 101,800 shares, an increase of 151.4% from the September 15th total of 40,500 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,018.0 days.

Shares of OTCMKTS:GRNNF remained flat at $$27.48 during midday trading on Thursday. 27 shares of the company were exchanged, compared to its average volume of 205. Grand City Properties has a fifty-two week low of $22.23 and a fifty-two week high of $29.00. The stock’s fifty day moving average price is $28.08 and its two-hundred day moving average price is $27.79.

About Grand City Properties

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.

Featured Article: Why is momentum important to successful trading?

Receive News & Ratings for Grand City Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand City Properties and related companies with MarketBeat.com's FREE daily email newsletter.