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

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 229,339 shares, a growth of 157.9% from the April 30th total of 88,926 shares. Based on an average trading volume of 478,284 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

Vonovia Stock Down 2.3%

Shares of OTCMKTS VONOY traded down $0.29 during trading on Monday, reaching $12.16. 54,285 shares of the stock were exchanged, compared to its average volume of 240,529. The business’s 50-day moving average price is $12.98 and its 200 day moving average price is $14.14. Vonovia has a twelve month low of $11.70 and a twelve month high of $17.80. The company has a market capitalization of $20.63 billion, a price-to-earnings ratio of 4.60 and a beta of 1.24.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Vonovia had a return on equity of 14.51% and a net margin of 56.28%.The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.01 billion. As a group, sell-side analysts expect that Vonovia will post 1.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on VONOY. Zacks Research cut Vonovia from a “hold” rating to a “strong sell” rating in a report on Monday, May 25th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vonovia in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Vonovia Company Profile

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.