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

Klépierre SA (OTCMKTS:KLPEF - Get Free Report) was the recipient of a large drop in short interest in 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 trading volume of 200 shares, the short-interest ratio is currently 152.5 days.

Klépierre Price Performance

Shares of OTCMKTS:KLPEF remained flat at $28.71 during mid-day trading on Tuesday. 100 shares of the stock traded hands, compared to its average volume of 400. Klépierre has a 12 month low of $24.04 and a 12 month high of $33.00. The company has a 50 day moving average of $29.59 and a two-hundred day moving average of $29.90.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Klépierre from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 4th.

Klépierre Company Profile

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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