Short Interest in Adler Group S.A. (OTCMKTS:ADPPF) Drops By 6.8%

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 47,700 shares, a decline of 6.8% from the October 31st total of 51,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 477.0 days.

Adler Group Price Performance

Shares of ADPPF stock opened at $0.35 on Wednesday. The business has a 50-day moving average price of $0.31 and a two-hundred day moving average price of $0.29. Adler Group has a 12-month low of $0.35 and a 12-month high of $0.35.

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.