Short Interest in Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) Grows By 61.8%

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 1,767 shares, a growth of 61.8% from the December 15th total of 1,092 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,799 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 3,799 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

Hemnet Group Price Performance

Shares of Hemnet Group stock opened at $17.30 on Friday. The company’s fifty day simple moving average is $18.47 and its two-hundred day simple moving average is $23.86. Hemnet Group has a 12-month low of $16.78 and a 12-month high of $40.22.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Hemnet Group to a “hold” rating in a research note on Thursday, January 8th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.