SEGRO Plc (OTCMKTS:SEGXF – Get Free Report) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,465,900 shares, an increase of 53.7% from the October 31st total of 953,900 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 287.4 days.
SEGRO Stock Performance
Shares of SEGRO stock remained flat at $10.21 during trading hours on Friday. SEGRO has a twelve month low of $9.33 and a twelve month high of $12.49. The firm has a 50-day moving average price of $10.69 and a 200 day moving average price of $11.30.
Analysts Set New Price Targets
Separately, Barclays cut SEGRO from a “strong-buy” rating to a “hold” rating in a report on Wednesday.
SEGRO Company Profile
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.8 million square metres of space (116 million square feet) valued at £20.6 billion serving customers from a wide range of industry sectors.
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