Klépierre SA (OTCMKTS:KLPEF) Short Interest Up 30.5% in May

Klépierre SA (OTCMKTS:KLPEF - Get Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 177,600 shares, an increase of 30.5% from the May 15th total of 136,100 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 111.0 days. Approximately 0.1% of the company's stock are short sold.

Klépierre Trading Up 1.0%

Shares of Klépierre stock traded up $0.37 during trading hours on Tuesday, reaching $38.37. The company's stock had a trading volume of 305 shares, compared to its average volume of 909. The company's 50 day simple moving average is $36.41 and its 200 day simple moving average is $32.53. Klépierre has a one year low of $26.45 and a one year high of $38.88.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Klépierre from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 25th.

About Klépierre

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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