Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Up 195.2% in July

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 94,269 shares, an increase of 195.2% from the June 30th total of 31,934 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 499,013 shares, the short-interest ratio is presently 0.2 days.

Vonovia Stock Performance

Shares of OTCMKTS VONOY opened at $12.18 on Wednesday. The company has a market cap of $20.67 billion, a P/E ratio of 4.61 and a beta of 1.24. The firm’s fifty day moving average is $12.05 and its two-hundred day moving average is $13.37. Vonovia has a 52-week low of $11.26 and a 52-week high of $17.05.

Vonovia (OTCMKTS:VONOY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Vonovia had a net margin of 56.28% and a return on equity of 14.51%. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.01 billion. As a group, analysts forecast that Vonovia will post 0.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VONOY. Zacks Research cut Vonovia from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

About Vonovia

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.