Short Interest in LEG Immobilien AG (OTCMKTS:LEGIF) Expands By 159.7%

Key Points

• Short interest in LEG Immobilien AG surged by 159.7% in July, increasing from 6,700 shares to 17,400 shares.
• The company reported a missed EPS estimate for the quarter at $1.39, falling short of the consensus estimate of $2.06, despite achieving revenues of $268.94 million.
• LEG Immobilien's stock is currently trading at $84.60 with a market capitalization of $6.27 billion.

LEG Immobilien AG (OTCMKTS:LEGIF - Get Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 17,400 shares, agrowthof159.7% from the July 15th total of 6,700 shares. Approximately0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 174.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 174.0 days. Approximately0.0% of the shares of the stock are sold short.

LEG Immobilien Stock Performance

OTCMKTS LEGIF remained flat at $84.60 during trading on Friday. The stock has a market capitalization of $6.27 billion, a P/E ratio of 11.07 and a beta of 0.84. The firm's fifty day moving average price is $83.46 and its 200-day moving average price is $80.61. LEG Immobilien has a 12 month low of $70.74 and a 12 month high of $104.10.

LEG Immobilien (OTCMKTS:LEGIF - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by ($0.67). The company had revenue of $268.94 million during the quarter, compared to the consensus estimate of $230.02 million. LEG Immobilien had a net margin of 50.86% and a return on equity of 7.53%.

About LEG Immobilien

LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat activities.

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