Adler Group S.A. (OTCMKTS:ADPPF) Sees Significant Drop in Short Interest

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,800 shares, a decrease of 92.0% from the March 15th total of 22,400 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Adler Group Price Performance

ADPPF opened at $0.27 on Friday. The business has a 50 day moving average price of $0.31 and a two-hundred day moving average price of $0.46. Adler Group has a 52 week low of $0.27 and a 52 week high of $0.27.

Adler Group Company Profile

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.