Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Up 10.3% in November

Great Portland Estates Plc (OTCMKTS:GPEAF) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,210,600 shares, a growth of 10.3% from the October 31st total of 1,097,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 12,106.0 days.

Great Portland Estates Stock Performance

Shares of GPEAF opened at $4.13 on Wednesday. The business has a fifty day moving average of $4.41 and a 200 day moving average of $4.89. Great Portland Estates has a 52-week low of $4.13 and a 52-week high of $4.14.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Citigroup upgraded shares of Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a report on Friday, November 8th. BNP Paribas raised Great Portland Estates to a “strong sell” rating in a research note on Thursday, September 12th.

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.