The GPT Group (OTCMKTS:GPTGF) Short Interest Down 12.8% in January

The GPT Group (OTCMKTS:GPTGF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,615,000 shares, a drop of 12.8% from the December 31st total of 1,851,300 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 4,037.5 days.

The GPT Group Price Performance

Shares of OTCMKTS GPTGF opened at $2.75 on Friday. The firm has a fifty day moving average of $2.90 and a 200 day moving average of $3.14. The GPT Group has a one year low of $2.55 and a one year high of $3.70.

The GPT Group Company Profile

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.