flatexDEGIRO AG (OTCMKTS:FNNTF – Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 43,880 shares, a decrease of 24.1% from the February 12th total of 57,848 shares. Based on an average daily volume of 2,078 shares, the short-interest ratio is currently 21.1 days. Based on an average daily volume of 2,078 shares, the short-interest ratio is currently 21.1 days.
flatexDEGIRO Price Performance
OTCMKTS FNNTF opened at $43.00 on Monday. The stock has a 50-day simple moving average of $42.95 and a 200 day simple moving average of $36.11. flatexDEGIRO has a twelve month low of $39.33 and a twelve month high of $43.27.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on FNNTF. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of flatexDEGIRO in a research note on Thursday, January 29th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, flatexDEGIRO currently has an average rating of “Buy”.
flatexDEGIRO Company Profile
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.
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