flatexDEGIRO AG (OTCMKTS:FNNTF – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 10,961 shares, an increase of 62.8% from the September 30th total of 6,731 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on FNNTF. Deutsche Bank Aktiengesellschaft cut flatexDEGIRO from a “buy” rating to a “hold” rating in a report on Monday, October 12th. Morgan Stanley upgraded flatexDEGIRO from an “equal weight” rating to an “overweight” rating in a research report on Thursday, September 3rd. Citigroup reaffirmed a “buy” rating on shares of flatexDEGIRO in a research note on Tuesday, October 6th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of flatexDEGIRO in a research report on Wednesday, July 22nd. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
View Our Latest Analysis on FNNTF
flatexDEGIRO Stock Performance
Shares of FNNTF remained flat at $27.10 during trading hours on Monday. 5 shares of the stock traded hands, compared to its average volume of 15,366. The company’s 50 day moving average price is $35.65 and its two-hundred day moving average price is $39.26. flatexDEGIRO has a fifty-two week low of $27.10 and a fifty-two week high of $46.96.
flatexDEGIRO Company Profile
flatexDEGIRO AG is a European online brokerage and financial services company headquartered in Frankfurt, Germany. It operates primarily through the flatex and DEGIRO brands, providing retail investors with digital platforms for trading and investing in financial markets.
The company offers access to a broad range of investment products, including shares, exchange-traded funds, bonds, investment funds, derivatives and savings plans. Its services generally include online order execution, portfolio and account administration, market information, and related digital tools designed for self-directed investors.
flatexDEGIRO serves customers across multiple European countries through locally adapted platforms and regulatory arrangements.
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