The GPT Group (OTCMKTS:GPTGF) Short Interest Down 6.1% in May

The GPT Group (OTCMKTS:GPTGF) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 2,927,400 shares, a decline of 6.1% from the May 15th total of 3,116,300 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 3,252.7 days.

The GPT Group Stock Down 6.6 %

OTCMKTS:GPTGF opened at $2.55 on Wednesday. The GPT Group has a fifty-two week low of $2.37 and a fifty-two week high of $3.15. The stock’s 50-day moving average is $2.72 and its two-hundred day moving average is $2.85.

About The GPT Group

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.