The GPT Group (OTCMKTS:GPTGF) Short Interest Update

The GPT Group (OTCMKTS:GPTGF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 1,530,500 shares, a decline of 5.2% from the January 15th total of 1,615,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 15,305.0 days.

The GPT Group Stock Performance

Shares of GPTGF stock opened at $2.88 on Thursday. The GPT Group has a 52 week low of $2.55 and a 52 week high of $3.70. The company’s fifty day simple moving average is $2.85 and its two-hundred day simple moving average is $3.13.

About The GPT Group

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.