Short Interest in LEG Immobilien AG (OTCMKTS:LEGIF) Declines By 65.6%

LEG Immobilien AG (OTCMKTS:LEGIF) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 719 shares, a decrease of 65.6% from the July 30th total of 2,089 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 138 shares, the days-to-cover ratio is presently 5.2 days.

LEG Immobilien Price Performance

Shares of LEGIF stock opened at $60.15 on Friday. The company’s fifty day moving average price is $60.14 and its two-hundred day moving average price is $65.59. The firm has a market capitalization of $4.55 billion, a P/E ratio of 3.41 and a beta of 0.93. LEG Immobilien has a 12 month low of $58.68 and a 12 month 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.