Vonovia SE (OTCMKTS:VNNVF) Short Interest Down 15.7% in May

Vonovia SE (OTCMKTS:VNNVF) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 2,566,000 shares, a drop of 15.7% from the May 15th total of 3,042,300 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 4,276.7 days.

Vonovia Stock Performance

Shares of OTCMKTS:VNNVF opened at $28.50 on Monday. Vonovia has a 1-year low of $18.83 and a 1-year high of $33.86. The stock’s fifty day simple moving average is $29.54 and its two-hundred day simple moving average is $29.41.

Vonovia Company Profile

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.