Deutsche Pfandbriefbank AG (OTCMKTS:PBBGF – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 64,996 shares, a drop of 65.3% from the July 30th total of 187,130 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Deutsche Pfandbriefbank Price Performance
OTCMKTS PBBGF opened at $3.90 on Friday. Deutsche Pfandbriefbank has a 12 month low of $3.70 and a 12 month high of $3.97. The stock’s 50 day moving average is $3.90 and its 200 day moving average is $4.64.
Deutsche Pfandbriefbank Company Profile
Deutsche Pfandbriefbank AG (OTCMKTS:PBBGF) is a German specialist bank headquartered in Garching near Munich. It provides long-term financing solutions for commercial real estate and public sector clients, leveraging its expertise in covered bond issuance to secure stable funding. The bank’s focus on Pfandbriefe, Germany’s regulated covered bonds, underpins its conservative risk profile and supports its asset-liability management strategy.
In its commercial real estate segment, Deutsche Pfandbriefbank offers tailored investment loans, project financing and portfolio solutions for office, retail, residential and logistics properties.
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