Great Portland Estates Plc (OTCMKTS:GPEAF - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,788,400 shares, an increase of 42.0% from the February 28th total of 1,259,800 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is presently 894.2 days. Currently, 0.7% of the company's shares are sold short.
Great Portland Estates Stock Performance
GPEAF stock remained flat at $3.64 during mid-day trading on Wednesday. Great Portland Estates has a fifty-two week low of $3.28 and a fifty-two week high of $4.14. The firm's fifty day moving average is $3.36 and its 200-day moving average is $3.89.
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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