Immofinanz Ag (OTCMKTS:IMMZF) Short Interest Up 791.3% in September
Immofinanz Ag (OTCMKTS:IMMZF) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 61,500 shares, a growth of 791.3% from the August 31st total of 6,900 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Shares of IMMZF stock opened at $17.00 on Monday. The stock’s 50 day simple moving average is $17.00. Immofinanz has a 1-year low of $17.00 and a 1-year high of $19.00.
Separately, Societe Generale raised Immofinanz from a “sell” rating to a “buy” rating in a report on Tuesday, June 16th.
IMMOFINANZ AG acquires, develops, owns, rents, and manages properties primarily in Austria, Germany, Poland, the Czech Republic, Slovakia, Romania, and Hungary. It develops office, retail, and other properties. The company manages offices under myhive brand; retail parks under STOP SHOP brand; and shopping centers under VIVO! brand.
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