LEG Immobilien SE (OTCMKTS:LEGIF) Sees Significant Decline in Short Interest

LEG Immobilien SE (OTCMKTS:LEGIF) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 87,900 shares, a drop of 9.7% from the December 15th total of 97,300 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 219.8 days.

LEG Immobilien Stock Performance

Shares of OTCMKTS LEGIF remained flat at $84.06 during trading on Friday. The company has a market cap of $6.23 billion, a PE ratio of -9.89 and a beta of 0.75. The firm’s fifty day moving average price is $88.35 and its 200 day moving average price is $92.19. LEG Immobilien has a 52-week low of $74.50 and a 52-week high of $104.10.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of LEG Immobilien to a “strong-buy” rating in a research note on Friday, October 4th.

LEG Immobilien Company Profile

LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat activities.