Short Interest in SEGRO Plc (OTCMKTS:SEGXF) Increases By 23.8%

SEGRO Plc (OTCMKTS:SEGXFGet Free Report) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 864,100 shares, a growth of 23.8% from the August 31st total of 698,100 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 576.1 days.

SEGRO Stock Performance

Shares of SEGRO stock remained flat at $12.29 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.02 and a current ratio of 1.02. SEGRO has a 12-month low of $8.05 and a 12-month high of $12.49. The stock’s 50 day moving average price is $11.83 and its two-hundred day moving average price is $11.41.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded SEGRO to a “strong-buy” rating in a research note on Tuesday, June 25th.

Check Out Our Latest Report on SEGXF

About SEGRO

(Get Free Report)

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 10.4 million square metres of space (112 million square feet) valued at £20.7 billion serving customers from a wide range of industry sectors.

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