Short Interest in Grand City Properties S.A. (OTCMKTS:GRNNF) Increases By 22.7%

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 203,318 shares, an increase of 22.7% from the December 15th total of 165,770 shares. Based on an average daily volume of 92 shares, the short-interest ratio is presently 2,210.0 days. Based on an average daily volume of 92 shares, the short-interest ratio is presently 2,210.0 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of Grand City Properties from a “buy” rating to a “neutral” rating in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Grand City Properties Stock Performance

Shares of GRNNF opened at $11.55 on Wednesday. The firm has a 50-day simple moving average of $11.73 and a two-hundred day simple moving average of $12.20. Grand City Properties has a 1-year low of $10.50 and a 1-year high of $13.01.

About Grand City Properties

Grand City Properties SA is a Luxembourg‐based real estate investment trust (REIT) specializing in residential property ownership and management across key European markets. The company focuses on acquiring, developing and operating mid‐market rental apartment portfolios, with a primary emphasis on major German cities and selected urban centres in the United Kingdom. Its diversified residential holdings comprise freehold assets that generate stable rental income streams and offer potential for long-term value appreciation.

Since its inception in the mid-2000s, Grand City Properties has pursued a value-add strategy, targeting underperforming or outdated properties in high-growth regions.