Great Portland Estates Plc (OTCMKTS:GPEAF – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,468,100 shares, a growth of 9.6% from the December 15th total of 1,339,800 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 7,340.5 days.
Great Portland Estates Stock Performance
Shares of GPEAF stock opened at $3.28 on Friday. Great Portland Estates has a 52-week low of $3.28 and a 52-week high of $4.14. The stock’s 50-day moving average price is $3.84 and its 200 day moving average price is $4.55.
Analyst Upgrades and Downgrades
Separately, Citigroup upgraded shares of Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a report on Friday, November 8th.
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.
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