Klepierre (OTCMKTS:KLPEF) Sees Large Decrease in Short Interest

Key Points

• Klepierre experienced a significant decrease in short interest, dropping by 36.1% from 63,500 shares to 40,600 shares in August.
• The current short-interest ratio is 16.2 days, based on an average daily volume of 2,500 shares, with 0.0% of the company's shares sold short.
• The company's portfolio is valued at $19.3 billion, making Klepierre a leader in shopping malls across more than 10 countries in Continental Europe.

Klepierre (OTCMKTS:KLPEF - ) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 40,600 shares, a drop of 36.1% from the August 15th total of 63,500 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 16.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 16.2 days.

Klepierre Stock Performance

Shares of Klepierre stock opened at $38.06 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.70 and a quick ratio of 0.59. The firm has a fifty day moving average price of $39.18 and a 200 day moving average price of $36.85. Klepierre has a 1 year low of $28.41 and a 1 year high of $41.50.

Klepierre Company Profile

Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company's portfolio is valued at 19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year.

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