Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Short Interest Update

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 229,339 shares, a growth of 157.9% from the April 30th total of 88,926 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 478,284 shares, the days-to-cover ratio is currently 0.5 days.

Vonovia Trading Down 1.0%

OTCMKTS VONOY opened at $12.44 on Friday. The stock’s 50 day moving average is $12.98 and its two-hundred day moving average is $14.14. The company has a market capitalization of $21.11 billion, a price-to-earnings ratio of 4.71 and a beta of 1.27. Vonovia has a 1-year low of $11.70 and a 1-year high of $17.80.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a return on equity of 14.51% and a net margin of 56.28%. On average, analysts predict that Vonovia will post 1.22 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on VONOY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Vonovia in a report on Tuesday, May 5th. Zacks Research downgraded Vonovia from a “hold” rating to a “strong sell” rating in a report on Monday, May 25th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Vonovia Company Profile

Vonovia SE is a Germany-based residential real estate company headquartered in Bochum that owns, manages and develops rental housing. Its core activities center on long-term residential leasing, property and facility management, maintenance and modernization of apartment portfolios, and project development. Vonovia provides tenant services and operational support to maintain and upgrade its buildings, with an increasing focus on energy-efficiency measures and building refurbishments to modernize stock and reduce operating costs.

The company traces its roots to Deutsche Annington and adopted the Vonovia name following a period of consolidation and growth; it has expanded through a series of acquisitions to become one of the largest residential landlords in Germany.