Gazit-Globe Ltd. (OTCMKTS:GZTGF) Short Interest Up 222.5% in July

Gazit-Globe Ltd. (OTCMKTS:GZTGF) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,799 shares, an increase of 222.5% from the July 15th total of 868 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 87 shares, the days-to-cover ratio is currently 32.2 days.

Gazit-Globe Price Performance

Shares of GZTGF stock remained flat at $1.50 on Friday. Gazit-Globe has a 1 year low of $0.00 and a 1 year high of $4.25. The business’s 50 day simple moving average is $1.79 and its two-hundred day simple moving average is $2.09.

Gazit-Globe Company Profile

Gazit-Globe Ltd. is a real estate investment company specializing in the ownership, management and development of income-producing retail properties. Through its subsidiaries and joint ventures, the company acquires, leases and operates community and neighborhood shopping centers anchored by grocery stores, as well as mixed-use and office complexes designed to serve urban and suburban markets.

Founded in 1982 by real estate entrepreneur Chaim Katzman, Gazit-Globe has grown from a local property developer into a globally diversified real estate group.