Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Up 42.0% in March

Great Portland Estates Plc (OTCMKTS:GPEAF) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,788,400 shares, a growth of 42.0% from the February 28th total of 1,259,800 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is presently 894.2 days. Currently, 0.7% of the company’s stock are sold short.

Great Portland Estates Price Performance

Shares of GPEAF traded down $0.01 during mid-day trading on Monday, hitting $3.64. 4,000 shares of the company’s stock were exchanged, compared to its average volume of 1,225. The company has a 50-day simple moving average of $3.34 and a 200 day simple moving average of $3.91. Great Portland Estates has a 52 week low of $3.28 and a 52 week high of $4.14.

Great Portland Estates Company Profile

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.