Short Interest in Grand City Properties S.A. (OTCMKTS:GRNNF) Expands By 915.2%

Grand City Properties S.A. (OTCMKTS:GRNNF) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 33,500 shares, a growth of 915.2% from the February 13th total of 3,300 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 55.8 days.

Grand City Properties Stock Performance

Shares of Grand City Properties stock remained flat at $11.45 on Wednesday. The company has a 50-day moving average of $11.87 and a 200-day moving average of $12.70. Grand City Properties has a 52 week low of $10.00 and a 52 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.