Vonovia SE (OTCMKTS:VONOY) Short Interest Down 52.0% in October

Vonovia SE (OTCMKTS:VONOY) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 17,700 shares, a decrease of 52.0% from the September 30th total of 36,900 shares. Based on an average daily volume of 70,000 shares, the short-interest ratio is presently 0.3 days.

Vonovia Stock Down 1.4 %

OTCMKTS VONOY opened at $16.61 on Friday. The company has a 50 day moving average of $17.57 and a 200-day moving average of $15.80. Vonovia has a 1-year low of $10.66 and a 1-year high of $18.73.

Vonovia (OTCMKTS:VONOY) last posted its quarterly earnings data on Thursday, August 1st. The company reported ($0.49) earnings per share for the quarter. The firm had revenue of $1.36 billion for the quarter. Vonovia had a negative return on equity of 9.45% and a negative net margin of 61.15%. Sell-side analysts expect that Vonovia will post 1.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

VONOY has been the subject of several recent analyst reports. Berenberg Bank raised shares of Vonovia to a “strong-buy” rating in a report on Friday, October 4th. Barclays raised shares of Vonovia to a “strong sell” rating in a report on Friday, October 4th.

About Vonovia

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.