Hemnet Group AB – Unsponsored ADR (OTCMKTS:HMNTY – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,878 shares, an increase of 490.6% from the August 31st total of 318 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 936 shares, the days-to-cover ratio is presently 2.0 days.
Analysts Set New Price Targets
Separately, Nordea Equity Research raised shares of Hemnet Group to a “buy” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Hemnet Group currently has a consensus rating of “Reduce”.
Get Our Latest Research Report on HMNTY
Hemnet Group Stock Down 10.5%
About Hemnet Group
Hemnet Group AB operates Hemnet, Sweden’s leading online property marketplace. The platform connects people looking to buy, sell, or find homes with real estate agents and property advertisers. Users can search residential properties, view listing details and images, save searches, and receive updates on homes that match their preferences.
Hemnet provides real estate agencies and property sellers with digital marketing and listing services designed to promote homes to prospective buyers.
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