Short Interest in Great Portland Estates Plc (OTCMKTS:GPEAF) Rises By 42.0%

Great Portland Estates Plc (OTCMKTS:GPEAF) saw 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 shares of the company are short sold.

Great Portland Estates Stock Down 0.3 %

Great Portland Estates stock traded down $0.01 during mid-day trading on Tuesday, reaching $3.64. The company’s stock had a trading volume of 4,000 shares, compared to its average volume of 1,225. The firm’s fifty day moving average price is $3.35 and its two-hundred day moving average price is $3.90. Great Portland Estates has a 12-month low of $3.28 and a 12-month 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.