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

LEG Immobilien AG (OTCMKTS:LEGIF) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 12,417 shares, a decline of 90.5% from the May 31st total of 130,416 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,135 shares, the short-interest ratio is currently 10.9 days.

LEG Immobilien Price Performance

Shares of OTCMKTS LEGIF remained flat at $60.15 during midday trading on Thursday. The stock had a trading volume of 8 shares, compared to its average volume of 614. The company has a market capitalization of $4.55 billion, a PE ratio of 3.38 and a beta of 0.94. The stock has a 50 day moving average of $66.24 and a 200 day moving average of $69.38. LEG Immobilien has a 52-week low of $58.68 and a 52-week high of $85.41.

LEG Immobilien Company Profile

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.