Klépierre SA (OTCMKTS:KLPEF) Short Interest Down 58.2% in December

by · The Cerbat Gem

Klépierre SA (OTCMKTS:KLPEF – Get Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 30,500 shares, a drop of 58.2% from the December 15th total of 73,000 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 152.5 days.

Klépierre Price Performance

KLPEF stock remained flat at $28.71 during mid-day trading on Tuesday. The company’s stock had a trading volume of 100 shares, compared to its average volume of 400. The company has a 50-day moving average price of $29.59 and a two-hundred day moving average price of $29.90. Klépierre has a 1-year low of $24.04 and a 1-year high of $33.00.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Klépierre from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th.

Get Our Latest Stock Analysis on Klépierre

About Klépierre

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Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company's portfolio is valued at 19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year.

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