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

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,211 shares, a decline of 81.5% from the August 15th total of 22,788 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 389,883 shares, the short-interest ratio is currently 0.0 days.

Vonovia Price Performance

OTCMKTS VONOY traded up $0.04 on Friday, hitting $10.40. The stock had a trading volume of 554,303 shares, compared to its average volume of 272,175. The business’s fifty day moving average price is $11.71 and its 200 day moving average price is $12.62. Vonovia has a 52-week low of $10.32 and a 52-week high of $17.05. The stock has a market cap of $17.65 billion, a price-to-earnings ratio of 3.60 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last announced its earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.24. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.01 billion. As a group, sell-side analysts anticipate that Vonovia will post 1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Zacks Research raised Vonovia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. The Goldman Sachs Group downgraded Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Vonovia from a “hold” rating to a “buy” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Vonovia currently has an average rating of “Hold”.

About Vonovia

Vonovia SE is a German residential real estate company headquartered in Bochum. The company owns, manages and develops residential properties, with a focus on providing housing and related services to tenants. Its activities include property management, maintenance, modernization, energy services and the development of new residential buildings.

Vonovia’s portfolio is concentrated in Germany, with additional operations in Austria and Sweden. Through its local platforms and service businesses, the company provides tenant support, building maintenance, technical services and measures designed to improve the energy efficiency and quality of its properties.

The company traces its roots to Deutsche Annington, which acquired GAGFAH in 2015 and subsequently adopted the Vonovia name.