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

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

Adler Group Stock Performance

ADPPF stock opened at $0.35 on Wednesday. Adler Group has a twelve month low of $0.35 and a twelve month high of $0.35. The stock’s 50 day moving average is $0.31 and its 200-day moving average is $0.29.

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.