flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Update

flatexDEGIRO AG (OTCMKTS:FNNTF) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 96,219 shares, a growth of 382.3% from the June 30th total of 19,948 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

FNNTF has been the topic of several recent research reports. Barclays assumed coverage on flatexDEGIRO in a research report on Friday, June 12th. They issued an “overweight” rating on the stock. Jefferies Financial Group reiterated a “hold” rating on shares of flatexDEGIRO in a research report on Wednesday. Finally, Citigroup reissued a “buy” rating on shares of flatexDEGIRO in a research note on Monday, July 6th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

flatexDEGIRO Price Performance

FNNTF stock remained flat at $43.25 during midday trading on Friday. The stock has a fifty day moving average price of $39.27 and a 200-day moving average price of $40.16. flatexDEGIRO has a one year low of $33.70 and a one year high of $46.96.

About flatexDEGIRO

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.