Goodman Group (OTCMKTS:GMGSF – Get Free Report) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 313,799 shares, a decline of 53.4% from the May 31st total of 672,967 shares. Based on an average daily volume of 16,196 shares, the days-to-cover ratio is presently 19.4 days.
Goodman Group Trading Down 7.0%
Shares of GMGSF traded down $1.48 during midday trading on Tuesday, hitting $19.72. 3,880 shares of the stock were exchanged, compared to its average volume of 3,429. Goodman Group has a 52-week low of $16.08 and a 52-week high of $23.92. The stock has a fifty day simple moving average of $21.45 and a 200 day simple moving average of $20.30.
About Goodman Group
Goodman Group is an integrated property group specialising in the development, ownership and management of industrial real estate. The company’s core activities encompass the design and construction of modern logistics facilities, warehouses and business parks, as well as the ongoing asset management and leasing of those properties. Goodman serves both corporate occupiers and investors by delivering tailored supply-chain solutions and creating built-to-suit developments that meet evolving requirements in e-commerce, manufacturing and distribution.
Operating on a global scale, Goodman Group holds a portfolio of assets across Australia, New Zealand, Asia, Europe and the Americas.
Recommended Stories
- Five stocks we like better than Goodman Group
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Receive News & Ratings for Goodman Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goodman Group and related companies with MarketBeat.com's FREE daily email newsletter.
