Grand City Properties S.A. (OTCMKTS:GRNNF) Sees Significant Increase in Short Interest

Grand City Properties S.A. (OTCMKTS:GRNNF) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 114,400 shares, an increase of 28,500.0% from the November 30th total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,144.0 days.

Grand City Properties Stock Performance

Shares of Grand City Properties stock remained flat at $12.09 during trading hours on Thursday. The company has a 50-day moving average price of $13.26 and a two-hundred day moving average price of $12.83. Grand City Properties has a fifty-two week low of $9.63 and a fifty-two week high of $14.00.

About Grand City Properties

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.