Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Update

Great Portland Estates Plc (OTCMKTS:GPEAF) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 1,093,500 shares, a drop of 5.0% from the September 30th total of 1,151,500 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 1,562.1 days.

Analysts Set New Price Targets

Separately, BNP Paribas raised Great Portland Estates to a “strong sell” rating in a research note on Thursday, September 12th.

Great Portland Estates Price Performance

GPEAF stock opened at $4.13 on Friday. The business has a fifty day moving average of $4.88 and a two-hundred day moving average of $5.05. Great Portland Estates has a 52-week low of $4.13 and a 52-week high of $4.14.

About Great Portland Estates

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.