flatexDEGIRO AG (OTCMKTS:FNNTF – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 19,948 shares, an increase of 211.1% from the June 15th total of 6,412 shares. Based on an average daily trading volume, of 20 shares, the short-interest ratio is currently 997.4 days.
flatexDEGIRO Stock Performance
FNNTF stock remained flat at $41.95 during mid-day trading on Monday. flatexDEGIRO has a fifty-two week low of $33.70 and a fifty-two week high of $46.96. The firm’s fifty day moving average is $38.37 and its 200-day moving average is $39.52.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on FNNTF. Barclays started coverage on shares of flatexDEGIRO in a report on Friday, June 12th. They issued an “overweight” rating for the company. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a research report on Monday, July 6th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy”.
About flatexDEGIRO
flatexDEGIRO AG is a Germany-based digital brokerage firm formed through the merger of German online broker flatex AG and Dutch discount broker DeGiro in 2020. The combined entity offers a unified trading platform designed for retail investors, aiming to provide low-cost access to global financial markets. Headquartered in Frankfurt am Main with regional offices across Europe, flatexDEGIRO serves as one of the continent’s leading online brokers.
The company’s core offerings include execution and custody services for equities, exchange-traded funds (ETFs), bonds and derivatives.
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