Aroundtown SA (OTCMKTS:AANNF) Short Interest Update

Aroundtown SA (OTCMKTS:AANNF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 2,213,483 shares, a growth of 41.5% from the December 31st total of 1,564,154 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 7,378.3 days. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 7,378.3 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated 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, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Aroundtown Stock Performance

Shares of OTCMKTS:AANNF opened at $3.00 on Friday. Aroundtown has a 1-year low of $2.53 and a 1-year high of $3.92. The firm has a fifty day moving average price of $3.42 and a 200 day moving average price of $3.58.

Aroundtown Company Profile

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.