Short Interest in Adler Group S.A. (OTCMKTS:ADPPF) Grows By 37.3%

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 44,200 shares, an increase of 37.3% from the September 30th total of 32,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Adler Group Price Performance

Shares of OTCMKTS:ADPPF opened at $0.27 on Friday. The business has a 50-day moving average price of $0.27 and a two-hundred day moving average price of $0.27. Adler Group has a 1-year low of $0.27 and a 1-year high of $0.27.

About Adler Group

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.