Grand City Properties S.A. (OTCMKTS:GRNNF) Short Interest Update

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 116,200 shares, a decrease of 41.0% from the August 15th total of 197,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1,162.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1,162.0 days.

Grand City Properties Price Performance

GRNNF opened at $12.23 on Monday. Grand City Properties has a 52 week low of $10.50 and a 52 week high of $14.00. The business’s fifty day simple moving average is $12.31 and its 200 day simple moving average is $11.54.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of Grand City Properties to a “buy” rating in a report on Sunday, September 7th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

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.