Short Interest in Adler Group S.A. (OTCMKTS:ADPPF) Drops By 6.8%

Adler Group S.A. (OTCMKTS:ADPPF) was the recipient of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 47,700 shares, a decrease of 6.8% from the October 31st total of 51,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 477.0 days.

Adler Group Stock Performance

Shares of ADPPF stock opened at $0.35 on Tuesday. The company has a fifty day moving average price of $0.30 and a two-hundred day moving average price of $0.28. Adler Group has a one year low of $0.35 and a one year high of $0.35.

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.