Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Update

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 25,929 shares, a drop of 88.7% from the May 14th total of 229,339 shares. Based on an average trading volume of 533,427 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

VONOY has been the topic of a number of recent research reports. Zacks Research cut shares of Vonovia from a “hold” rating to a “strong sell” rating in a research report on Monday, May 25th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Vonovia in a research note on Tuesday, May 5th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Vonovia Stock Performance

VONOY stock traded up $0.10 on Tuesday, reaching $11.40. The company’s stock had a trading volume of 441,489 shares, compared to its average volume of 249,140. The business has a fifty day simple moving average of $12.92 and a two-hundred day simple moving average of $14.00. Vonovia has a 12-month low of $11.28 and a 12-month high of $17.80. The firm has a market cap of $19.34 billion, a PE ratio of 4.32 and a beta of 1.24.

Vonovia (OTCMKTS:VONOY) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Vonovia had a return on equity of 14.51% and a net margin of 56.28%.The company had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.01 billion. As a group, research analysts anticipate that Vonovia will post 1.22 earnings per share for the current fiscal year.

About Vonovia

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.