Grand City Properties S.A. (OTCMKTS:GRNNF) Sees Large Growth in Short Interest

Grand City Properties S.A. (OTCMKTS:GRNNF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 2,800 shares, an increase of 2,700.0% from the October 31st total of 100 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 1.6 days.

Grand City Properties Stock Performance

Grand City Properties stock remained flat at $13.42 during midday trading on Wednesday. Grand City Properties has a 12-month low of $9.63 and a 12-month high of $14.00. The business’s fifty day moving average is $13.84 and its two-hundred day moving average is $12.70.

Grand City Properties Company Profile

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.