Short Interest in Covivio (OTCMKTS:GSEFF) Decreases By 44.9%

Covivio (OTCMKTS:GSEFF) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 1,800 shares, a drop of 44.9% from the June 30th total of 3,266 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Covivio Price Performance

Shares of Covivio stock opened at $63.01 on Thursday. The stock’s fifty day moving average is $63.83 and its 200 day moving average is $64.78. Covivio has a one year low of $63.01 and a one year high of $65.30.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating on shares of Covivio in a report on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.

Covivio Company Profile

Covivio is a leading European real estate company specializing in the investment, development and management of high-quality urban properties. The group’s core activities encompass office buildings, residential assets, and hospitality properties, positioning it as a diversified owner-operator across major European markets. Covivio focuses on generating stable, long-term rental income through active asset management and selective development projects.

Originally founded in 1998 under the name Foncière des Régions, the company adopted the Covivio brand in May 2018 to reflect its pan-European presence and forward-looking strategy.