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

CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 188 shares. Based on an average daily trading volume, of 186 shares, the days-to-cover ratio is currently 1.0 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a research note on Monday, August 24th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

CTS Eventim AG & Co. KGaA Price Performance

CTS Eventim AG & Co. KGaA stock traded up $0.52 during midday trading on Monday, hitting $15.50. 250 shares of the company’s stock were exchanged, compared to its average volume of 1,492. The stock has a 50-day moving average price of $16.26 and a two-hundred day moving average price of $16.12. CTS Eventim AG & Co. KGaA has a 52-week low of $12.87 and a 52-week high of $24.43.

CTS Eventim AG & Co. KGaA Company Profile

CTS Eventim AG & Co KGaA is a Germany-based provider of ticketing and live entertainment services. The company operates online and mobile ticketing platforms, advance booking offices and call centers, helping consumers purchase tickets for concerts, festivals, theater productions, sports events and other live experiences.

Through its Eventim brand and related services, CTS Eventim provides ticket distribution, venue box-office systems, customer relationship management and event marketing solutions to promoters, venues and cultural organizations.