Short Interest in Grand City Properties S.A. (OTCMKTS:GRNNF) Decreases By 98.8%

Grand City Properties S.A. (OTCMKTS:GRNNF) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 1,650 shares, a decline of 98.8% from the January 15th total of 133,058 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

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

Grand City Properties Stock Performance

Shares of OTCMKTS:GRNNF opened at $11.96 on Thursday. Grand City Properties has a twelve month low of $10.50 and a twelve month high of $13.01. The business has a fifty day moving average of $11.59 and a 200-day moving average of $12.11.

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its inception in the mid-2000s, Grand City Properties has pursued a value-add strategy, targeting underperforming or outdated properties in high-growth regions.