Aroundtown SA (OTCMKTS:AANNF) Sees Significant Growth in Short Interest

Aroundtown SA (OTCMKTS:AANNF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,361,000 shares, a growth of 56.4% from the September 30th total of 2,148,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Aroundtown Stock Performance

Shares of AANNF stock opened at $3.61 on Tuesday. The company has a fifty day moving average price of $3.71 and a two-hundred day moving average price of $3.33. Aroundtown has a one year low of $2.53 and a one year high of $3.92.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut shares of Aroundtown from a “buy” rating to a “neutral” rating in a report on Monday, September 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Aroundtown currently has an average rating of “Hold”.

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, and London. The company invests in commercial and residential real estate properties. It also engages in hotel, office, and shopping related activities. The company was incorporated in 2004 and is based in Luxembourg, Luxembourg.