Aroundtown SA (OTCMKTS:AANNF) Short Interest Update

Aroundtown SA (OTCMKTS:AANNFGet Rating) saw a large growth in short interest during the month of December. As of December 30th, there was short interest totalling 12,316,900 shares, a growth of 23.9% from the December 15th total of 9,944,900 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 4,247.2 days.

Wall Street Analysts Forecast Growth

AANNF has been the topic of a number of recent analyst reports. UBS Group dropped their price objective on Aroundtown from €3.60 ($3.91) to €2.00 ($2.17) and set a “neutral” rating on the stock in a report on Tuesday, November 1st. Berenberg Bank downgraded Aroundtown from a “buy” rating to a “hold” rating in a report on Tuesday, December 20th. Citigroup downgraded Aroundtown from a “buy” rating to a “neutral” rating in a report on Thursday, October 13th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Aroundtown from €3.10 ($3.37) to €2.90 ($3.15) in a research report on Monday, December 12th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $4.13.

Aroundtown Price Performance

AANNF opened at $3.14 on Friday. Aroundtown has a 52 week low of $1.82 and a 52 week high of $7.17. The business’s 50 day moving average is $2.47 and its two-hundred day moving average is $2.64.

Aroundtown Company Profile

(Get Rating)

Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties. The company was formerly known as Aroundtown Property Holdings PLC and changed its name to Aroundtown SA in September 2017.

Read More

Receive News & Ratings for Aroundtown Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aroundtown and related companies with MarketBeat.com's FREE daily email newsletter.