SEGRO (OTCMKTS:SEGXF) Stock Short Interest Report for September

SEGRO (OTCMKTS:SEGXF) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 15,849 shares, a decrease of 92.7% from the September 15th total of 216,375 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 271 shares, the days-to-cover ratio is presently 58.5 days.

SEGRO Stock Performance

SEGRO stock remained flat at $12.30 during mid-day trading on Friday. SEGRO has a one year low of $8.20 and a one year high of $13.30. The stock has a fifty day simple moving average of $12.66 and a 200-day simple moving average of $11.11.

Analyst Ratings Changes

Several research firms have recently weighed in on SEGXF. BNP Paribas Exane initiated coverage on SEGRO in a research report on Wednesday, July 1st. They issued a “neutral” rating for the company. Berenberg Bank lowered SEGRO from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Barclays raised SEGRO from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. Jefferies Financial Group lowered SEGRO from a “buy” rating to a “hold” rating in a research note on Thursday, July 9th. Finally, Kepler Capital Markets cut SEGRO from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

About SEGRO

SEGRO plc is a UK-based real estate investment trust that owns, develops and manages modern warehouses and industrial properties. Its portfolio is focused primarily on logistics facilities, urban warehouses and other properties used by businesses for storage, distribution, manufacturing and related operations.

The company serves a range of occupiers, including retailers, logistics providers, manufacturers and data-driven businesses. SEGRO’s activities include property development, asset management and the operation of facilities in strategically located logistics and urban areas.

SEGRO traces its origins to Slough Trading Company, established in 1920, and adopted the SEGRO name in 2007.