Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Down 9.9% in January

Great Portland Estates Plc (OTCMKTS:GPEAF - Get Free Report) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 1,259,300 shares, a decline of 9.9% from the January 15th total of 1,397,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 12,593.0 days.

Wall Street Analysts Forecast Growth

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 Price Performance

OTCMKTS:GPEAF remained flat at $3.33 during midday trading on Thursday. Great Portland Estates has a 1-year low of $3.28 and a 1-year high of $4.14. The stock's 50 day simple moving average is $3.49 and its 200-day simple moving average is $4.26.

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.