Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Down 5.9% in December

by · The Cerbat Gem

Great Portland Estates Plc (OTCMKTS:GPEAF – Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,339,800 shares, a decrease of 5.9% from the November 30th total of 1,423,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 13,398.0 days.

Great Portland Estates Stock Performance

GPEAF stock remained flat at $3.70 on Wednesday. The stock has a 50 day moving average price of $3.98 and a two-hundred day moving average price of $4.69. Great Portland Estates has a fifty-two week low of $3.70 and a fifty-two week high of $4.14.

Analysts Set New Price Targets

Several equities analysts have recently commented on GPEAF shares. BNP Paribas raised shares of Great Portland Estates to a “strong sell” rating in a research note on Thursday, September 12th. Citigroup raised Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, November 8th.

Read Our Latest Report on Great Portland Estates

About Great Portland Estates

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We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.

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