Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY) Short Interest Down 84.3% in April

Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 581 shares, a drop of 84.3% from the April 15th total of 3,704 shares. Based on an average daily trading volume, of 2,198 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Several research firms have recently issued reports on HMNTY. Cantor Fitzgerald lowered shares of Hemnet Group to a “strong sell” rating in a research report on Tuesday, January 27th. BNP Paribas Exane cut shares of Hemnet Group to an “underperform” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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Hemnet Group Stock Performance

OTCMKTS HMNTY remained flat at $12.64 during mid-day trading on Wednesday. Hemnet Group has a 52 week low of $10.56 and a 52 week high of $35.99. The company’s fifty day simple moving average is $12.44 and its two-hundred day simple moving average is $15.95.

About Hemnet Group

(Get Free Report)

Hemnet Group AB (OTCMKTS: HMNTY) is a leading digital real estate marketplace based in Stockholm, Sweden. The company operates Sweden’s largest property portal, offering homebuyers, sellers and real estate agents a centralized platform for residential property listings. Through its website and mobile applications, Hemnet facilitates the search for homes for sale and rent, providing detailed property descriptions, high-resolution images and interactive maps to help users make informed decisions.

Since its founding in 1998, Hemnet has expanded its services beyond basic listings to include market analysis tools, pricing estimates and trend reports that offer insights into regional property values and sales activity.

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