Adler Group S.A. (OTCMKTS:ADPPF) Sees Large Decline in Short Interest

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

Adler Group Price Performance

OTCMKTS ADPPF opened at $0.27 on Friday. The business has a fifty day simple moving average of $0.27 and a 200 day simple moving average of $0.35. Adler Group has a 12 month low of $0.27 and a 12 month high of $0.27.

Adler Group Company Profile

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.