Wereldhave (OTCMKTS:WRDEF) Sees Large Decline in Short Interest

Wereldhave (OTCMKTS:WRDEF) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 9,519 shares, a drop of 17.4% from the February 26th total of 11,519 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Wereldhave Stock Performance

OTCMKTS WRDEF opened at $22.46 on Tuesday. Wereldhave has a 52 week low of $16.00 and a 52 week high of $22.46. The company has a 50 day moving average price of $22.46 and a 200 day moving average price of $20.69.

Wereldhave Company Profile

Wereldhave N.V., trading over-the-counter under the symbol WRDEF, is a Netherlands-based real estate investment company specializing in retail properties. Headquartered in The Hague, the firm focuses on owning, managing and developing shopping centers and mixed-use retail destinations. Established in 1930, Wereldhave has built a track record of creating consumer-oriented environments designed to meet the evolving needs of shoppers and tenants.

The company’s portfolio is concentrated in the Netherlands, Belgium and Finland, where it holds interests in a range of shopping malls and retail parks.