Great Portland Estates Plc (OTCMKTS:GPEAF - Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,339,800 shares, a decline of 5.9% from the November 30th total of 1,423,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 13,398.0 days.
GPEAF has been the subject of a number of research analyst reports. BNP Paribas raised Great Portland Estates to a "strong sell" rating in a research report on Thursday, September 12th. Citigroup upgraded Great Portland Estates from a "strong sell" rating to a "strong-buy" rating in a research report on Friday, November 8th.
View Our Latest Analysis on Great Portland Estates
OTCMKTS GPEAF remained flat at $3.70 during trading hours on Wednesday. The firm's fifty day moving average price is $3.98 and its 200-day moving average price is $4.69. Great Portland Estates has a 52-week low of $3.70 and a 52-week high of $4.14.
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.
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