Aroundtown SA (OTCMKTS:AANNF) Short Interest Up 56.4% in October

Aroundtown SA (OTCMKTS:AANNF) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,361,000 shares, a growth of 56.4% from the September 30th total of 2,148,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Aroundtown Stock Performance

Aroundtown stock opened at $3.61 on Friday. Aroundtown has a fifty-two week low of $2.53 and a fifty-two week high of $3.92. The firm has a 50 day moving average price of $3.71 and a 200 day moving average price of $3.32.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of Aroundtown from a “buy” rating to a “neutral” rating in a report on Monday, September 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, and London. The company invests in commercial and residential real estate properties. It also engages in hotel, office, and shopping related activities. The company was incorporated in 2004 and is based in Luxembourg, Luxembourg.