Hemnet Group AB (publ) (OTCMKTS:HMNTY) Sees Large Decrease in Short Interest

Hemnet Group AB (publ) (OTCMKTS:HMNTY) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a drop of 75.0% from the June 30th total of 400 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 0.2 days.

Hemnet Group AB (publ) Price Performance

Shares of Hemnet Group AB (publ) stock traded down $0.12 during trading on Friday, hitting $36.73. The stock had a trading volume of 390 shares, compared to its average volume of 1,235. Hemnet Group AB has a 12 month low of $16.71 and a 12 month high of $37.54. The firm’s fifty day simple moving average is $30.71 and its 200-day simple moving average is $29.37.

Hemnet Group AB (publ) Company Profile

Hemnet Group AB (publ) operates a residential property platform in Sweden. Its platform gathers various property buyers, sellers, and real estate agents in one place. The company was founded in 1998 and is headquartered in Stockholm, Sweden.