CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) Short Interest Update

CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 365 shares, a decrease of 88.6% from the April 15th total of 3,204 shares. Based on an average daily trading volume, of 1,312 shares, the days-to-cover ratio is currently 0.3 days.

CTS Eventim AG & Co. KGaA Price Performance

Shares of OTCMKTS:CEVMY remained flat at $16.01 during trading on Wednesday. The company’s 50-day moving average is $16.82 and its 200 day moving average is $20.41. CTS Eventim AG & Co. KGaA has a fifty-two week low of $12.87 and a fifty-two week high of $31.86.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a report on Thursday, February 19th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, CTS Eventim AG & Co. KGaA presently has a consensus rating of “Moderate Buy”.

CTS Eventim AG & Co. KGaA Company Profile

CTS Eventim AG & Co KGaA is a leading European provider of ticketing services and live entertainment. The company operates a range of online and on-site ticket sales channels, offering end-to-end solutions for event organizers, promoters and venues. Through its proprietary Eventim platform, CTS Eventim manages ticket distribution via websites, mobile apps, call centers and box offices, handling millions of transactions annually.

In addition to its core ticketing activities, CTS Eventim is active in live event promotion and venue management.