flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Update

flatexDEGIRO AG (OTCMKTS:FNNTF) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 6,415 shares, a decrease of 48.2% from the April 30th total of 12,375 shares. Based on an average daily volume of 215 shares, the short-interest ratio is presently 29.8 days.

flatexDEGIRO Stock Performance

Shares of FNNTF remained flat at $37.20 during trading hours on Monday. The business’s 50-day moving average price is $37.51 and its two-hundred day moving average price is $38.16. flatexDEGIRO has a 52-week low of $33.70 and a 52-week high of $46.96.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a report on Tuesday, April 14th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

flatexDEGIRO Company Profile

flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.

The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.