Great Portland Estates Plc (OTCMKTS:GPEAF) Sees Significant Increase in Short Interest

Great Portland Estates Plc (OTCMKTS:GPEAF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,468,100 shares, an increase of 9.6% from the December 15th total of 1,339,800 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 7,340.5 days.

Analyst Ratings Changes

Separately, Citigroup upgraded Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, November 8th.

Great Portland Estates Stock Performance

GPEAF stock remained flat at $3.28 during midday trading on Friday. Great Portland Estates has a 52 week low of $3.28 and a 52 week high of $4.14. The business has a fifty day moving average price of $3.84 and a two-hundred day moving average price of $4.56.

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.