Grand City Properties S.A. (OTCMKTS:GRNNF) Sees Large Growth in Short Interest

Grand City Properties S.A. (OTCMKTS:GRNNF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 104,000 shares, a growth of 210.4% from the February 28th total of 33,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Grand City Properties Price Performance

GRNNF stock remained flat at $10.50 during midday trading on Friday. The stock’s fifty day simple moving average is $11.57 and its 200 day simple moving average is $12.59. Grand City Properties has a one year low of $10.45 and a one year 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.