PSP Swiss Property AG (OTCMKTS:PSPSF) Short Interest Down 29.4% in January

PSP Swiss Property AG (OTCMKTS:PSPSF) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 20,142 shares, a drop of 29.4% from the December 31st total of 28,526 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of PSP Swiss Property to a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

PSP Swiss Property Price Performance

PSP Swiss Property stock opened at $180.65 on Friday. PSP Swiss Property has a fifty-two week low of $143.60 and a fifty-two week high of $185.00. The stock’s fifty day moving average is $178.27 and its two-hundred day moving average is $174.56.

About PSP Swiss Property

PSP Swiss Property AG is a real estate investment company focused on acquiring, developing and managing high-quality commercial and residential properties in Switzerland. The firm’s core business activities encompass property investment, asset management, leasing and value-enhancing redevelopment projects aimed at maintaining a balanced and diversified portfolio.

The company’s portfolio is weighted toward office, retail and residential spaces located in prime urban centers. Properties are typically concentrated in major Swiss cities such as Zurich, Geneva, Basel and Lausanne, where PSP Swiss Property seeks to attract long-term tenants through modern amenities, sustainable design features and proactive facility management.

PSP Swiss Property conducts its operations through an integrated platform that oversees acquisitions, financing and ongoing property services.