Deutsche Wohnen SE (OTCMKTS:DTCWY) Stock Short Interest Jumps 60.1%

Deutsche Wohnen SE (OTCMKTS:DTCWY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 546 shares, an increase of 60.1% from the September 30th total of 341 shares. Based on an average daily trading volume, of 275 shares, the short-interest ratio is currently 2.0 days.

Deutsche Wohnen Price Performance

OTCMKTS:DTCWY traded down $0.06 on Monday, reaching $8.81. The stock had a trading volume of 101 shares, compared to its average volume of 488. Deutsche Wohnen has a 12-month low of $8.52 and a 12-month high of $14.01. The firm’s fifty day moving average is $9.54 and its two-hundred day moving average is $11.15.

About Deutsche Wohnen

Deutsche Wohnen SE is a German residential real estate company headquartered in Berlin. Its core business is the ownership, management and development of residential properties, with a focus on apartments in metropolitan areas and other high-demand urban regions of Germany.

The company provides rental housing and related property management services, including tenant support, building maintenance, modernization and energy-efficiency improvements. Its portfolio has historically also included commercial properties and nursing and assisted-living facilities, although residential real estate remains its principal activity.

Deutsche Wohnen was established in 1998 and expanded through acquisitions and portfolio consolidation in the German housing market.