Grand City Properties S.A. (OTCMKTS:GRNNF) Short Interest Down 98.8% in January

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,650 shares, a decline of 98.8% from the January 15th total of 133,058 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Grand City Properties Stock Performance

Shares of GRNNF traded down $0.05 during mid-day trading on Tuesday, reaching $11.50. The company’s stock had a trading volume of 691 shares, compared to its average volume of 1,653. Grand City Properties has a 1-year low of $10.50 and a 1-year high of $13.01. The business has a 50-day simple moving average of $11.60 and a two-hundred day simple moving average of $12.12.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded Grand City Properties from a “buy” rating to a “neutral” rating in a report on Thursday, December 4th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Grand City Properties Company Profile

Grand City Properties SA is a Luxembourg‐based real estate investment trust (REIT) specializing in residential property ownership and management across key European markets. The company focuses on acquiring, developing and operating mid‐market rental apartment portfolios, with a primary emphasis on major German cities and selected urban centres in the United Kingdom. Its diversified residential holdings comprise freehold assets that generate stable rental income streams and offer potential for long-term value appreciation.

Since its inception in the mid-2000s, Grand City Properties has pursued a value-add strategy, targeting underperforming or outdated properties in high-growth regions.