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

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 94,269 shares, a growth of 195.2% from the June 30th total of 31,934 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 499,013 shares, the short-interest ratio is presently 0.2 days.

Vonovia Stock Performance

Shares of VONOY opened at $11.70 on Monday. Vonovia has a twelve month low of $11.26 and a twelve month high of $17.05. The firm’s 50 day moving average price is $12.07 and its two-hundred day moving average price is $13.41. The firm has a market cap of $19.85 billion, a P/E ratio of 4.43 and a beta of 1.24.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. Vonovia had a net margin of 56.28% and a return on equity of 14.51%. The company had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.01 billion. On average, sell-side analysts anticipate that Vonovia will post 0.97 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on VONOY. Zacks Research downgraded Vonovia from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft upgraded Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

About Vonovia

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.