Short Interest in Klepierre (OTCMKTS:KLPEF) Rises By 30.5%

Klepierre (OTCMKTS:KLPEF - Get Free Report) saw a significant 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. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 111.0 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded Klepierre from a "hold" rating to a "strong-buy" rating in a report on Friday, April 25th.

Klepierre Stock Performance

OTCMKTS:KLPEF remained flat at $38.37 during mid-day trading on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.59 and a current ratio of 0.59. Klepierre has a 52-week low of $26.45 and a 52-week high of $38.88. The company has a fifty day moving average of $36.90 and a 200 day moving average of $32.73.

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.