Short Interest in Great Portland Estates Plc (OTCMKTS:GPEAF) Decreases By 22.5%

Great Portland Estates Plc (OTCMKTS:GPEAF - Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 1,484,500 shares, a decline of 22.5% from the April 30th total of 1,915,000 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is presently 1,060.4 days. Approximately 0.6% of the company's stock are short sold.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of Great Portland Estates from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 16th.

Great Portland Estates Stock Performance

GPEAF stock remained flat at $4.57 during mid-day trading on Thursday. 1 shares of the company's stock were exchanged, compared to its average volume of 1,990. Great Portland Estates has a 52 week low of $3.28 and a 52 week high of $4.57. The stock has a 50-day moving average of $4.00 and a two-hundred day moving average of $3.71.

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.