Aroundtown SA (OTCMKTS:AANNF) Sees Significant Growth in Short Interest

Aroundtown SA (OTCMKTS:AANNF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,555,100 shares, a growth of 116.9% from the August 31st total of 716,900 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 2,591.8 days. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 2,591.8 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Aroundtown from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Aroundtown Price Performance

Shares of OTCMKTS AANNF opened at $3.70 on Friday. Aroundtown has a 1-year low of $2.53 and a 1-year high of $3.92. The business’s fifty day moving average price is $3.67 and its two-hundred day moving average price is $3.16.

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, and London. The company invests in commercial and residential real estate properties. It also engages in hotel, office, and shopping related activities. The company was incorporated in 2004 and is based in Luxembourg, Luxembourg.