Aroundtown SA (OTCMKTS:AANNF) Short Interest Up 28.4% in August

Aroundtown SA (OTCMKTS:AANNF) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 9,863,000 shares, a growth of 28.4% from the August 15th total of 7,681,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

AANNF stock remained flat at $$5.56 during midday trading on Wednesday. The firm has a fifty day simple moving average of $5.90. Aroundtown has a fifty-two week low of $4.15 and a fifty-two week high of $9.50.

Several research firms have recently weighed in on AANNF. Goldman Sachs Group lowered shares of Aroundtown from a “buy” rating to a “neutral” rating in a research note on Monday, August 31st. Deutsche Bank began coverage on shares of Aroundtown in a research note on Monday, July 27th. They issued a “buy” rating for the company. Morgan Stanley reiterated an “underweight” rating on shares of Aroundtown in a research note on Thursday, September 3rd. UBS Group lowered shares of Aroundtown from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 30th. Finally, Citigroup reiterated a “buy” rating on shares of Aroundtown in a research note on Thursday, July 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Aroundtown has a consensus rating of “Hold”.

About Aroundtown

Aroundtown SA, together with its subsidiaries, operates as a real estate investment company in Germany, the Netherlands, the United Kingdom, and internationally. It invests in commercial and residential real estate properties, such as office, hotel, logistics, wholesale, retail, and other properties.

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