Aroundtown SA (OTCMKTS:AANNF) Short Interest Down 23.9% in March

Aroundtown SA (OTCMKTS:AANNF) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 4,294,722 shares, a drop of 23.9% from the March 15th total of 5,646,964 shares. Based on an average trading volume of 364 shares, the days-to-cover ratio is currently 11,798.7 days.

Aroundtown Price Performance

Shares of AANNF opened at $2.60 on Wednesday. The stock has a 50 day moving average of $3.09 and a 200 day moving average of $3.37. Aroundtown has a 12 month low of $2.53 and a 12 month high of $3.92.

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.