Short Interest in Adler Group S.A. (OTCMKTS:ADPPF) Declines By 99.9%

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 1,400 shares, a decline of 99.9% from the May 31st total of 1,067,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Adler Group Stock Performance

Shares of ADPPF stock remained flat at $0.27 on Thursday. Adler Group has a 12-month low of $0.27 and a 12-month high of $0.27. The company has a 50-day simple moving average of $0.27 and a 200-day simple moving average of $0.35.

About Adler Group

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.