Nexity SA (OTCMKTS:NNXXY – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,596 shares, an increase of 403.5% from the September 15th total of 317 shares. Based on an average trading volume of 1,835 shares, the short-interest ratio is presently 0.9 days.
Nexity Price Performance
OTCMKTS:NNXXY remained flat at C$1.08 on Friday. The firm’s fifty day simple moving average is C$1.47 and its 200-day simple moving average is C$1.76. Nexity has a 12-month low of C$1.08 and a 12-month high of C$2.09.
About Nexity
Nexity is a French real estate company focused primarily on residential property development and related services. Its activities include the design, development and sale of new homes, including apartments, houses and mixed-use residential projects. The company also works with institutional and public-sector partners on urban development and regeneration projects.
Historically, Nexity was established in 2000 from the real estate activities of Vivendi and became a publicly traded company in 2004.
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