Short Interest in PSP Swiss Property AG (OTCMKTS:PSPSF) Rises By 47.1%

PSP Swiss Property AG (OTCMKTS:PSPSF) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 29,620 shares, a growth of 47.1% from the January 15th total of 20,142 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded PSP Swiss Property to a “buy” rating in a report on Wednesday, January 28th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, PSP Swiss Property has an average rating of “Buy”.

PSP Swiss Property Price Performance

Shares of OTCMKTS:PSPSF remained flat at $201.65 during midday trading on Monday. PSP Swiss Property has a 52-week low of $143.60 and a 52-week high of $201.65. The company has a 50-day moving average of $180.20 and a two-hundred day moving average of $175.70.

About PSP Swiss Property

PSP Swiss Property AG is a real estate investment company focused on acquiring, developing and managing high-quality commercial and residential properties in Switzerland. The firm’s core business activities encompass property investment, asset management, leasing and value-enhancing redevelopment projects aimed at maintaining a balanced and diversified portfolio.

The company’s portfolio is weighted toward office, retail and residential spaces located in prime urban centers. Properties are typically concentrated in major Swiss cities such as Zurich, Geneva, Basel and Lausanne, where PSP Swiss Property seeks to attract long-term tenants through modern amenities, sustainable design features and proactive facility management.

PSP Swiss Property conducts its operations through an integrated platform that oversees acquisitions, financing and ongoing property services.