Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Shares Shorted: Short Interest Up 96.0% in September

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 8,255 shares, a growth of 96.0% from the August 31st total of 4,211 shares. Based on an average daily volume of 951,199 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

VONOY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. The Goldman Sachs Group lowered shares of Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Finally, Zacks Research upgraded shares of Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Vonovia presently has an average rating of “Hold”.

Vonovia Trading Down 3.2%

Shares of Vonovia stock opened at $9.52 on Thursday. The firm has a market cap of $16.15 billion, a PE ratio of 3.29 and a beta of 1.22. The stock has a 50 day moving average of $11.16 and a 200 day moving average of $12.09. Vonovia has a 12 month low of $9.51 and a 12 month high of $17.05.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.24. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a return on equity of 15.40% and a net margin of 61.85%. As a group, equities research analysts forecast that Vonovia will post 0.97 earnings per share for the current fiscal year.

About Vonovia

Vonovia SE is a Germany-based residential real estate company that owns, manages and develops housing properties. Its portfolio primarily consists of apartments for private tenants, along with related residential and community facilities.

The company provides property management, maintenance, modernization and tenant services. Vonovia also offers energy-related solutions and invests in measures intended to improve the efficiency and quality of its buildings, including renovations and new residential construction.

Vonovia serves residential markets mainly in Germany, Sweden and Austria.