Klépierre SA (OTCMKTS:KLPEF - Get Free Report) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 126,500 shares, a growth of 59.5% from the January 15th total of 79,300 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 140.6 days.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded shares of Klépierre from a "strong-buy" rating to a "hold" rating in a report on Monday, November 4th.
View Our Latest Stock Analysis on Klépierre
Klépierre Stock Performance
OTCMKTS:KLPEF remained flat at $29.70 during mid-day trading on Wednesday. 20 shares of the company's stock traded hands, compared to its average volume of 271. The business's 50-day moving average price is $29.19 and its two-hundred day moving average price is $30.26. Klépierre has a one year low of $24.04 and a one year high of $33.00.
Klépierre Company Profile
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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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