Short Interest in TAG Immobilien AG (OTCMKTS:TAGOF) Declines By 21.1%

TAG Immobilien AG (OTCMKTS:TAGOF) saw a significant decrease in short interest in June. As of June 15th, there was short interest totalling 74,700 shares, a decrease of 21.1% from the May 31st total of 94,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 747.0 days.

TAG Immobilien Stock Performance

TAGOF stock remained flat at $15.98 during mid-day trading on Monday. The company’s fifty day moving average price is $14.92 and its two-hundred day moving average price is $13.88. TAG Immobilien has a 12 month low of $8.28 and a 12 month high of $15.98.

About TAG Immobilien

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also rents commercial real estate properties, as well as operates serviced apartments. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.