Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Down 44.1% in January

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 978 shares, a decline of 44.1% from the January 15th total of 1,748 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,681 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 2,681 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Hemnet Group Stock Down 0.1%

Shares of Hemnet Group stock traded down $0.01 on Friday, hitting $14.97. The stock had a trading volume of 490 shares, compared to its average volume of 2,163. The stock’s 50-day simple moving average is $17.39 and its two-hundred day simple moving average is $22.02. Hemnet Group has a one year low of $14.26 and a one year high of $40.22.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HMNTY. Zacks Research raised Hemnet Group to a “hold” rating in a report on Thursday, January 8th. Cantor Fitzgerald lowered shares of Hemnet Group to a “strong sell” rating in a research report on Tuesday, January 27th. Finally, BNP Paribas Exane cut shares of Hemnet Group to an “underperform” rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Sell”.

About Hemnet Group

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.