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

Aroundtown SA (OTCMKTS:AANNF) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,745,151 shares, a decrease of 24.4% from the November 30th total of 2,309,374 shares. Based on an average daily volume of 7 shares, the short-interest ratio is presently 249,307.3 days. Based on an average daily volume of 7 shares, the short-interest ratio is presently 249,307.3 days.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AANNF shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aroundtown in a research note on Monday, December 1st. The Goldman Sachs Group cut shares of Aroundtown from a “buy” rating to a “neutral” rating in a report on Monday, September 8th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Aroundtown currently has a consensus rating of “Hold”.

Aroundtown Stock Performance

AANNF opened at $3.73 on Tuesday. Aroundtown has a 12 month low of $2.53 and a 12 month high of $3.92. The stock’s 50 day moving average price is $3.69 and its 200 day moving average price is $3.63.

Aroundtown Company Profile

Aroundtown SA is a Luxembourg-based real estate investment and asset management company specializing in a diversified portfolio of office, residential, hotel and retail properties across Europe. The company focuses primarily on the German market, with assets in major economic centres such as Berlin, Frankfurt, Munich and Düsseldorf. By targeting high-quality properties in established business districts, Aroundtown aims to generate stable, long-term rental income and capital appreciation.

Founded in 2004, Aroundtown has grown through a combination of strategic acquisitions and development projects.