Aroundtown SA (OTCMKTS:AANNF) Short Interest Up 27.9% in January

Aroundtown SA (OTCMKTS:AANNF) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 2,831,023 shares, an increase of 27.9% from the January 15th total of 2,213,483 shares. Based on an average daily volume of 120 shares, the days-to-cover ratio is currently 23,591.9 days. Based on an average daily volume of 120 shares, the days-to-cover ratio is currently 23,591.9 days.

Aroundtown Stock Performance

Shares of OTCMKTS AANNF opened at $3.00 on Monday. Aroundtown has a 52-week low of $2.53 and a 52-week high of $3.92. The firm’s fifty day moving average is $3.28 and its two-hundred day moving average is $3.54.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aroundtown in a research note on Monday, December 1st. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

About Aroundtown

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.