Aroundtown SA (OTCMKTS:AANNF) Short Interest Up 90.1% in February

Aroundtown SA (OTCMKTS:AANNFGet Free Report) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,057,340 shares, a growth of 90.1% from the February 12th total of 2,661,057 shares. Based on an average daily volume of 2,328 shares, the short-interest ratio is currently 2,172.4 days. Based on an average daily volume of 2,328 shares, the short-interest ratio is currently 2,172.4 days.

Wall Street Analyst Weigh In

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

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Aroundtown Price Performance

Shares of Aroundtown stock opened at $3.50 on Thursday. Aroundtown has a twelve month low of $2.53 and a twelve month high of $3.92. The firm’s 50-day moving average price is $3.20 and its 200 day moving average price is $3.53.

Aroundtown Company Profile

(Get Free Report)

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.

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