Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Update

Great Portland Estates Plc (OTCMKTS:GPEAF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,210,600 shares, an increase of 10.3% from the October 31st total of 1,097,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 12,106.0 days.

Great Portland Estates Price Performance

GPEAF stock remained flat at $4.13 during trading on Tuesday. Great Portland Estates has a 12 month low of $4.13 and a 12 month high of $4.14. The business’s 50 day simple moving average is $4.43 and its 200 day simple moving average is $4.89.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Citigroup upgraded shares of Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, November 8th. BNP Paribas raised Great Portland Estates to a “strong sell” rating in a research report on Thursday, September 12th.

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.