LEG Immobilien AG (OTCMKTS:LEGIF) Stock Short Interest Rises 717.4%

LEG Immobilien AG (OTCMKTS:LEGIF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 8,182 shares, an increase of 717.4% from the August 31st total of 1,001 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 238 shares, the days-to-cover ratio is presently 34.4 days.

LEG Immobilien Price Performance

Shares of OTCMKTS LEGIF remained flat at $60.15 during midday trading on Thursday. 20 shares of the stock traded hands, compared to its average volume of 195. The company has a 50-day moving average price of $60.14 and a two-hundred day moving average price of $63.47. LEG Immobilien has a 12-month low of $58.68 and a 12-month high of $85.41. The stock has a market capitalization of $4.55 billion, a PE ratio of 3.41 and a beta of 0.93.

About LEG Immobilien

LEG Immobilien SE is a German residential real estate company headquartered in Düsseldorf. The company owns, manages and develops residential properties, with its activities focused primarily on providing rental housing to private households.

Its portfolio is concentrated in North Rhine-Westphalia, one of Germany’s most populous states, and includes apartments in urban and regional housing markets. LEG’s services include property management, tenant support, building maintenance, modernization and energy-efficiency improvements.