Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Update

Great Portland Estates Plc (OTCMKTS:GPEAF) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 1,468,100 shares, an increase of 9.6% from the December 31st total of 1,339,800 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 7,340.5 days.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a report on Friday, November 8th.

Great Portland Estates Price Performance

Shares of Great Portland Estates stock remained flat at $3.33 during trading hours on Monday. The firm’s 50-day simple moving average is $3.68 and its two-hundred day simple moving average is $4.42. Great Portland Estates has a 1 year low of $3.28 and a 1 year high of $4.14.

Great Portland Estates Company Profile

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.