Adler Group S.A. (OTCMKTS:ADPPF) Sees Large Drop in Short Interest

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 44,200 shares, a decline of 7.3% from the November 15th total of 47,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Adler Group Price Performance

ADPPF opened at $0.35 on Wednesday. Adler Group has a 12 month low of $0.35 and a 12 month high of $0.35. The firm’s fifty day simple moving average is $0.32 and its 200 day simple 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.