Aroundtown SA (OTCMKTS:AANNF) Short Interest Up 56.4% in October

Aroundtown SA (OTCMKTS:AANNF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 3,361,000 shares, an increase of 56.4% from the September 30th total of 2,148,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Aroundtown Stock Performance

Shares of AANNF stock opened at $3.61 on Friday. The firm has a fifty day moving average price of $3.71 and a 200 day moving average price of $3.32. Aroundtown has a 12 month low of $2.53 and a 12 month high of $3.92.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Aroundtown from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Aroundtown Company Profile

Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, and London. The company invests in commercial and residential real estate properties. It also engages in hotel, office, and shopping related activities. The company was incorporated in 2004 and is based in Luxembourg, Luxembourg.