Klepierre (OTCMKTS:KLPEF) Short Interest Update

Key Points

• Klepierre experienced a 67.1% decrease in short interest in August, dropping from 192,800 shares to 63,500 shares.
• The company’s stock price opened at $37.80, with a range between a fifty-two week low of $28.41 and a high of $41.50.
• Klepierre is a leading company in shopping malls in Europe, with a portfolio valued at €19.3 billion as of December 31, 2023.

Klepierre (OTCMKTS:KLPEF - Get Free Report) was the recipient of a significant decline in short interest in August. As of August 15th, there was short interest totaling 63,500 shares, adeclineof67.1% from the July 31st total of 192,800 shares. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio is presently 9.6 days. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio is presently 9.6 days.

Klepierre Price Performance

KLPEF traded up $0.96 during trading on Friday, hitting $39.03. 392 shares of the company traded hands, compared to its average volume of 1,448. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.59 and a current ratio of 0.59. The stock's 50-day simple moving average is $39.24 and its two-hundred day simple moving average is $36.44. Klepierre has a 1 year low of $28.41 and a 1 year high of $41.50.

About Klepierre

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.