Aroundtown SA (OTCMKTS:AANNF) Sees Significant Increase in Short Interest

Aroundtown SA (OTCMKTS:AANNF) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 2,213,483 shares, a growth of 41.5% from the December 31st total of 1,564,154 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 7,378.3 days. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 7,378.3 days.

Aroundtown Price Performance

Shares of AANNF stock opened at $3.00 on Tuesday. The stock has a 50-day moving average of $3.41 and a 200-day moving average of $3.57. Aroundtown has a one year low of $2.53 and a one year high of $3.92.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aroundtown in a research note on Monday, December 1st. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aroundtown presently has a consensus rating of “Hold”.

About Aroundtown

Aroundtown SA is a Luxembourg-based real estate investment and asset management company specializing in a diversified portfolio of office, residential, hotel and retail properties across Europe. The company focuses primarily on the German market, with assets in major economic centres such as Berlin, Frankfurt, Munich and Düsseldorf. By targeting high-quality properties in established business districts, Aroundtown aims to generate stable, long-term rental income and capital appreciation.

Founded in 2004, Aroundtown has grown through a combination of strategic acquisitions and development projects.