Great Portland Estates Plc (OTCMKTS:GPEAF) Short Interest Update

Great Portland Estates Plc (OTCMKTS:GPEAF) was the target of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,788,400 shares, an increase of 42.0% from the February 28th total of 1,259,800 shares. Based on an average daily trading volume, of 2,000 shares, the short-interest ratio is currently 894.2 days. Approximately 0.7% of the company’s shares are short sold.

Great Portland Estates Price Performance

Shares of GPEAF stock remained flat at $3.65 during trading hours on Friday. The stock’s 50-day simple moving average is $3.34 and its 200 day simple moving average is $3.92. Great Portland Estates has a one year low of $3.28 and a one year high of $4.14.

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.