Short Interest in Vonovia SE (OTCMKTS:VONOY) Declines By 69.3%

Vonovia SE (OTCMKTS:VONOY) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 17,900 shares, a decline of 69.3% from the April 30th total of 58,300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 127,300 shares, the short-interest ratio is presently 0.1 days.

Vonovia Price Performance

VONOY opened at $17.12 on Friday. The firm has a 50 day simple moving average of $15.53 and a 200 day simple moving average of $15.27. Vonovia has a fifty-two week low of $12.91 and a fifty-two week high of $18.73.

Vonovia (OTCMKTS:VONOY) last issued its earnings results on Wednesday, May 7th. The company reported $0.31 EPS for the quarter. Vonovia had a negative net margin of 72.39% and a negative return on equity of 11.28%. The firm had revenue of $1.31 billion during the quarter. Analysts forecast that Vonovia will post 1.05 EPS for the current year.

Vonovia Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, July 10th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.438 per share. This is an increase from Vonovia’s previous dividend of $0.43. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 2.66%.

About Vonovia

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.