PSP Swiss Property AG (OTCMKTS:PSPSF) Stock Short Interest Report for September
by Renee Jackson · The Cerbat GemPSP Swiss Property AG (OTCMKTS:PSPSF – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 34,297 shares, an increase of 81.1% from the September 15th total of 18,937 shares. Based on an average daily volume of 24 shares, the days-to-cover ratio is presently 1,429.0 days.
PSP Swiss Property Price Performance
PSP Swiss Property stock opened at $167.36 on Thursday. The business’s fifty day simple moving average is $176.75 and its two-hundred day simple moving average is $184.82. PSP Swiss Property has a 12 month low of $166.25 and a 12 month high of $220.00.
Wall Street Analyst Weigh In
Separately, Morgan Stanley reiterated an “underweight” rating on shares of PSP Swiss Property in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, PSP Swiss Property has an average rating of “Hold”.
View Our Latest Stock Analysis on PSP Swiss Property
PSP Swiss Property Company Profile
PSP Swiss Property AG is a Swiss real estate company that owns, manages and develops a portfolio of high-quality commercial properties. Its activities are focused primarily on office buildings, with additional retail, hotel and other commercial space in selected properties.
The company concentrates on properties in economically important Swiss locations, including major business centers such as Zurich, Geneva, Basel, Bern and Lausanne. Its operations include property management, leasing, maintenance, redevelopment and the selective development of real estate assets.
PSP Swiss Property was established in 1999 and has built its business around long-term ownership of well-located properties in Switzerland.