Short Interest in Adler Group S.A. (OTCMKTS:ADPPF) Grows By 15.8%

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 51,200 shares, an increase of 15.8% from the October 15th total of 44,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Adler Group Price Performance

ADPPF stock opened at $0.35 on Friday. Adler Group has a one year low of $0.35 and a one year high of $0.35. The company has a 50 day moving average price of $0.29 and a two-hundred day moving average price of $0.28.

About Adler Group

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.