Goodman Group (OTCMKTS:GMGSF) Sees Significant Decline in Short Interest

Goodman Group (OTCMKTS:GMGSFGet Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 198,702 shares, a decline of 36.7% from the June 15th total of 313,799 shares. Based on an average trading volume of 2,846 shares, the short-interest ratio is currently 69.8 days.

Goodman Group Stock Performance

OTCMKTS:GMGSF remained flat at $21.46 during mid-day trading on Friday. Goodman Group has a 12-month low of $16.08 and a 12-month high of $23.92. The business has a 50 day simple moving average of $21.27 and a two-hundred day simple moving average of $20.42.

Goodman Group Company Profile

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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.

Further Reading

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