Warehouses De Pauw SA (OTCMKTS:WDPSF) Stock Short Interest Drops 91.6%

Warehouses De Pauw SA (OTCMKTS:WDPSF) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 26,661 shares, a drop of 91.6% from the September 30th total of 316,128 shares. Based on an average daily volume of 101 shares, the short-interest ratio is currently 264.0 days.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on WDPSF shares. Morgan Stanley raised shares of Warehouses De Pauw to an “overweight” rating in a report on Tuesday, September 1st. Citigroup raised shares of Warehouses De Pauw to an “outperform” rating in a research note on Thursday, September 24th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Warehouses De Pauw Stock Performance

WDPSF stock traded up $0.18 during midday trading on Monday, hitting $21.73. The company’s stock had a trading volume of 63 shares, compared to its average volume of 206. The firm has a 50-day simple moving average of $23.48 and a 200-day simple moving average of $26.12. Warehouses De Pauw has a 52-week low of $20.82 and a 52-week high of $30.57.

About Warehouses De Pauw

Warehouses De Pauw (WDP) is a Belgian real estate company specializing in logistics and industrial properties. The company develops, owns, leases and manages warehouses, distribution centers and other semi-industrial facilities used for storage, supply-chain operations and light industrial activities.

WDP serves a range of corporate tenants through a portfolio concentrated in Belgium, the Netherlands, Luxembourg, France, Germany and Romania. Its activities include the development of build-to-suit facilities, redevelopment and expansion of existing properties, and the management of long-term logistics real estate agreements.

Founded in 1977, WDP has grown into a major European logistics real estate platform.