Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) Sees Large Growth in Short Interest

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 88,926 shares, a growth of 357.5% from the April 15th total of 19,436 shares. Based on an average daily volume of 508,721 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vonovia in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Vonovia Trading Down 1.1%

Shares of VONOY opened at $13.01 on Wednesday. Vonovia has a 12-month low of $11.70 and a 12-month high of $17.80. The firm has a 50-day moving average price of $13.50 and a 200 day moving average price of $14.37. The firm has a market capitalization of $22.08 billion, a P/E ratio of 4.82 and a beta of 1.27.

Vonovia (OTCMKTS:VONOY) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Vonovia had a net margin of 56.28% and a return on equity of 14.79%. The firm had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.01 billion. Equities research analysts predict that Vonovia will post 1.22 earnings per share for the current fiscal year.

About Vonovia

Vonovia SE is a Germany-based residential real estate company headquartered in Bochum that owns, manages and develops rental housing. Its core activities center on long-term residential leasing, property and facility management, maintenance and modernization of apartment portfolios, and project development. Vonovia provides tenant services and operational support to maintain and upgrade its buildings, with an increasing focus on energy-efficiency measures and building refurbishments to modernize stock and reduce operating costs.

The company traces its roots to Deutsche Annington and adopted the Vonovia name following a period of consolidation and growth; it has expanded through a series of acquisitions to become one of the largest residential landlords in Germany.