Grand City Properties S.A. (OTCMKTS:GRNNF) Short Interest Down 6.5% in March

Grand City Properties S.A. (OTCMKTS:GRNNF) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totalling 944,300 shares, a decrease of 6.5% from the March 15th total of 1,009,600 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 858.5 days.

Grand City Properties Price Performance

GRNNF stock opened at $10.47 on Thursday. Grand City Properties has a 12-month low of $7.50 and a 12-month high of $11.46. The stock’s 50 day simple moving average is $10.14 and its 200 day simple moving average is $9.78.

About Grand City Properties

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other major urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.