Aroundtown SA (OTCMKTS:AANNF) Sees Large Decline in Short Interest

Aroundtown SA (OTCMKTS:AANNF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 5,238,900 shares, a drop of 48.9% from the September 30th total of 10,252,800 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 1,637.2 days.

Aroundtown Stock Performance

Shares of Aroundtown stock opened at $3.06 on Friday. The firm has a fifty day simple moving average of $2.83 and a 200-day simple moving average of $2.39. Aroundtown has a 1-year low of $1.76 and a 1-year high of $3.06.

About Aroundtown

Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, and London. The company invests in commercial and residential real estate properties. It also engages in hotel, office, and shopping related activities. The company was incorporated in 2004 and is based in Luxembourg, Luxembourg.