Inmobiliaria Colonial, SOCIMI, S.A. (OTCMKTS:IMQCF) Stock Short Interest Falls 89.6%

Inmobiliaria Colonial, SOCIMI, S.A. (OTCMKTS:IMQCF) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 158,801 shares, a drop of 89.6% from the August 31st total of 1,524,828 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Inmobiliaria Colonial, SOCIMI Stock Performance

Shares of OTCMKTS:IMQCF remained flat at $5.45 during midday trading on Thursday. 812 shares of the company traded hands, compared to its average volume of 4,633. Inmobiliaria Colonial, SOCIMI has a twelve month low of $5.45 and a twelve month high of $5.98. The business has a 50 day moving average of $5.42 and a 200-day moving average of $5.44.

About Inmobiliaria Colonial, SOCIMI

Inmobiliaria Colonial, SOCIMI, SA is a Spanish real estate company specializing in the ownership, development, and management of high-quality office properties. Its primary business is leasing commercial space to corporate and institutional tenants, with a focus on well-located assets in major European business centers.

The company operates principally in Spain and France, with a portfolio concentrated in Madrid, Barcelona, and Paris. Through its property holdings and its interest in Société Foncière Lyonnaise, Colonial provides office space and related real estate services to businesses across these markets.

Colonial traces its origins to 1946 and has evolved into a listed real estate investment company structured as a Spanish SOCIMI, a framework similar to a real estate investment trust.