Adler Group S.A. (OTCMKTS:ADPPF) Sees Significant Drop in Short Interest

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 99.8% from the March 31st total of 44,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Adler Group Stock Performance

Shares of OTCMKTS:ADPPF opened at $0.35 on Monday. Adler Group has a 12-month low of $0.35 and a 12-month high of $0.35. The company’s 50 day moving average price is $0.35 and its two-hundred day moving average price is $0.34.

About Adler Group

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.