Glenveagh Properties PLC (OTCMKTS:GLVHF) Sees Large Growth in Short Interest

Glenveagh Properties PLC (OTCMKTS:GLVHF – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 371,951 shares, an increase of 99.8% from the September 30th total of 186,130 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Glenveagh Properties Stock Performance

Shares of Glenveagh Properties stock opened at $2.91 on Monday. Glenveagh Properties has a twelve month low of $2.54 and a twelve month high of $2.91. The company’s 50 day moving average is $2.91 and its 200 day moving average is $2.48.

About Glenveagh Properties

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Glenveagh Properties plc is an Ireland-based residential property developer focused on the delivery of new homes. The company develops residential communities across the Republic of Ireland, serving private homebuyers as well as institutional and public-sector customers.

Its activities include land acquisition, planning, design, construction and the sale of homes. Glenveagh develops suburban housing communities and urban apartments, and also works with local authorities, housing bodies and other partners to deliver homes through development and partnership arrangements.

Established in 2017, Glenveagh has grown into one of Ireland’s major homebuilders.

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