Deutsche Wohnen SE (OTCMKTS:DTCWY – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 546 shares, an increase of 60.1% from the September 30th total of 341 shares. Based on an average daily volume of 275 shares, the days-to-cover ratio is currently 2.0 days.
Deutsche Wohnen Price Performance
OTCMKTS DTCWY opened at $8.81 on Tuesday. The business’s 50 day moving average price is $9.51 and its 200-day moving average price is $11.14. Deutsche Wohnen has a fifty-two week low of $8.52 and a fifty-two week high of $14.01.
About Deutsche Wohnen
Deutsche Wohnen SE is a German residential real estate company headquartered in Berlin. Its core business is the ownership, management and development of residential properties, with a focus on apartments in metropolitan areas and other high-demand urban regions of Germany.
The company provides rental housing and related property management services, including tenant support, building maintenance, modernization and energy-efficiency improvements. Its portfolio has historically also included commercial properties and nursing and assisted-living facilities, although residential real estate remains its principal activity.
Deutsche Wohnen was established in 1998 and expanded through acquisitions and portfolio consolidation in the German housing market.
Recommended Stories
- Five stocks we like better than Deutsche Wohnen
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Deutsche Wohnen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Wohnen and related companies with MarketBeat.com's FREE daily email newsletter.
