Short Interest in Aroundtown SA (OTCMKTS:AANNF) Grows By 27.9%

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

Wall Street Analysts Forecast Growth

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

Aroundtown Stock Performance

Shares of AANNF opened at $3.00 on Monday. The company has a 50 day moving average of $3.28 and a two-hundred day moving average of $3.54. Aroundtown has a twelve month low of $2.53 and a twelve month high of $3.92.

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.