Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Up 61.8% in December

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,767 shares, a growth of 61.8% from the December 15th total of 1,092 shares. Based on an average trading volume of 3,799 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,799 shares, the short-interest ratio is presently 0.5 days.

Hemnet Group Price Performance

Hemnet Group stock opened at $17.25 on Friday. The firm has a fifty day simple moving average of $18.55 and a two-hundred day simple moving average of $23.98. Hemnet Group has a twelve month low of $16.78 and a twelve month high of $40.22.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Hemnet Group to a “hold” rating in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, Hemnet Group currently has an average rating of “Hold”.

About Hemnet Group

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.