CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) Short Interest Update

CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 99 shares, a decrease of 96.3% from the May 31st total of 2,644 shares. Based on an average daily volume of 4,339 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

CTS Eventim AG & Co. KGaA Stock Performance

Shares of CEVMY stock traded down $1.33 on Thursday, hitting $14.27. The stock had a trading volume of 813 shares, compared to its average volume of 1,838. The business has a 50 day moving average of $16.05 and a 200 day moving average of $18.86. CTS Eventim AG & Co. KGaA has a 12-month low of $12.87 and a 12-month high of $30.50.

About CTS Eventim AG & Co. KGaA

CTS Eventim AG & Co KGaA is a leading European provider of ticketing services and live entertainment. The company operates a range of online and on-site ticket sales channels, offering end-to-end solutions for event organizers, promoters and venues. Through its proprietary Eventim platform, CTS Eventim manages ticket distribution via websites, mobile apps, call centers and box offices, handling millions of transactions annually.

In addition to its core ticketing activities, CTS Eventim is active in live event promotion and venue management.