Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Up 9.6% in December

Great Portland Estates Plc (OTCMKTS:GPEAF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,468,100 shares, an increase of 9.6% from the December 15th total of 1,339,800 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 7,340.5 days.

Great Portland Estates Stock Performance

GPEAF opened at $3.28 on Monday. Great Portland Estates has a 1-year low of $3.28 and a 1-year high of $4.14. The stock’s 50 day simple moving average is $3.84 and its 200 day simple moving average is $4.55.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Great Portland Estates from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, November 8th.

About Great Portland Estates

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.