Grand City Properties S.A. (OTCMKTS:GRNNF) Sees Significant Decrease in Short Interest

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 559,400 shares, a decline of 13.7% from the September 15th total of 648,200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 2,797.0 days.

Grand City Properties Stock Performance

OTCMKTS:GRNNF remained flat at $14.00 during midday trading on Tuesday. Grand City Properties has a 12 month low of $8.12 and a 12 month high of $14.00. The company has a 50 day moving average of $12.81 and a 200-day moving average of $12.06.

About Grand City Properties

Grand City Properties SA engages in the residential real estate business in Germany, the United Kingdom, and internationally. The company invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; metropolitan regions of Dresden, Leipzig, and Halle; and the cities in the north of Germany, Bremen, Hamburg, and Hannover, as well as other major urban centers, such as Nuremberg, Munch, Mannheim, Frankfurt, and London.