flatexDEGIRO AG (OTCMKTS:FNNTF) Short Interest Up 211.1% in June

flatexDEGIRO AG (OTCMKTS:FNNTFGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 19,948 shares, a growth 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

OTCMKTS FNNTF remained flat at $41.95 during trading on Wednesday. The company has a fifty day moving average price of $38.55 and a two-hundred day moving average price of $39.66. flatexDEGIRO has a 1 year low of $33.70 and a 1 year high of $46.96.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FNNTF shares. Citigroup restated a “buy” rating on shares of flatexDEGIRO in a report on Monday, July 6th. Barclays began coverage on shares of flatexDEGIRO in a research report on Friday, June 12th. They issued an “overweight” rating for the company. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

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flatexDEGIRO Company Profile

(Get Free Report)

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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