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

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the target of a significant increase in short interest in 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. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 499,013 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Zacks Research lowered shares of Vonovia from a “hold” rating to a “strong sell” rating in a research note 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 analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Vonovia Stock Up 3.0%

OTCMKTS:VONOY opened at $12.05 on Tuesday. Vonovia has a fifty-two week low of $11.26 and a fifty-two week high of $17.05. The stock has a market cap of $20.45 billion, a PE ratio of 4.56 and a beta of 1.24. The firm’s fifty day simple moving average is $12.06 and its 200-day simple moving average is $13.39.

Vonovia (OTCMKTS:VONOY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Vonovia had a net margin of 56.28% and a return on equity of 14.51%. Equities analysts anticipate that Vonovia will post 0.97 earnings per share for the current year.

Vonovia Company Profile

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.