CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) Short Interest Update

CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 99 shares, a decrease of 96.3% from the May 31st total of 2,644 shares. Based on an average trading volume of 4,339 shares, the short-interest ratio is currently 0.0 days.

CTS Eventim AG & Co. KGaA Price Performance

CEVMY traded down $1.33 during trading on Thursday, hitting $14.27. 813 shares of the company traded hands, compared to its average volume of 1,838. The stock’s fifty day moving average is $16.05 and its 200 day moving average is $18.86. CTS Eventim AG & Co. KGaA has a one year low of $12.87 and a one year high of $30.50.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, CTS Eventim AG & Co. KGaA presently has a consensus rating of “Moderate Buy”.

About CTS Eventim AG & Co. KGaA

CTS Eventim AG & Co KGaA is a leading European provider of ticketing services and live entertainment. The company operates a range of online and on-site ticket sales channels, offering end-to-end solutions for event organizers, promoters and venues. Through its proprietary Eventim platform, CTS Eventim manages ticket distribution via websites, mobile apps, call centers and box offices, handling millions of transactions annually.

In addition to its core ticketing activities, CTS Eventim is active in live event promotion and venue management.