The GPT Group (OTCMKTS:GPTGF) Short Interest Down 5.8% in July

The GPT Group (OTCMKTS:GPTGF) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 2,717,900 shares, a decline of 5.8% from the June 30th total of 2,884,000 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 6,794.8 days.

The GPT Group Price Performance

OTCMKTS GPTGF opened at $3.16 on Thursday. The GPT Group has a 52 week low of $2.37 and a 52 week high of $3.16. The company has a 50-day moving average price of $2.84 and a 200-day moving average price of $2.84.

About The GPT Group

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.