Short Interest in Grand City Properties S.A. (OTCMKTS:GRNNF) Increases By 40.9%

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 648,200 shares, an increase of 40.9% from the August 31st total of 460,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Grand City Properties Price Performance

Shares of GRNNF remained flat at $14.00 during midday trading on Friday. The stock’s fifty day simple moving average is $12.40 and its 200-day simple moving average is $11.73. Grand City Properties has a 12-month low of $8.12 and a 12-month 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.