Great Portland Estates Plc (OTCMKTS:GPEAF - Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 1,093,500 shares, a decline of 5.0% from the September 30th total of 1,151,500 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 1,562.1 days.
Analyst Upgrades and Downgrades
Separately, BNP Paribas raised Great Portland Estates to a "strong sell" rating in a research note on Thursday, September 12th.
Check Out Our Latest Stock Analysis on Great Portland Estates
Great Portland Estates Stock Performance
GPEAF remained flat at $4.13 during midday trading on Thursday. Great Portland Estates has a 1 year low of $4.13 and a 1 year high of $4.14. The company's fifty day moving average is $4.90 and its 200 day moving average is $5.06.
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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