Adler Group S.A. (OTCMKTS:ADPPF) Short Interest Up 15.8% in October

Adler Group S.A. (OTCMKTS:ADPPF) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 51,200 shares, an increase of 15.8% from the October 15th total of 44,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Adler Group Stock Performance

Shares of OTCMKTS:ADPPF opened at $0.35 on Monday. Adler Group has a 1-year low of $0.35 and a 1-year high of $0.35. The stock’s fifty day simple moving average is $0.29 and its two-hundred day simple moving average is $0.28.

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.