Argan SA (OTCMKTS:ARLLF – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 428 shares, an increase of 470.7% from the September 30th total of 75 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Argan Price Performance
Argan stock opened at $77.56 on Wednesday. Argan has a 12 month low of $75.85 and a 12 month high of $77.56. The company has a fifty day moving average price of $77.56 and a two-hundred day moving average price of $77.19.
Argan Company Profile
Argan SA is a French real estate company focused on logistics property. The company develops, owns and manages modern logistics platforms, warehouses and distribution facilities designed to support supply-chain and industrial operations.
Argan primarily serves corporate tenants in France, providing purpose-built and strategically located properties for storage, distribution and related logistics activities. Its portfolio is concentrated in the French market, with facilities generally developed for long-term occupancy by major companies.
Founded in 1999, Argan has built its business around the development and ownership of logistics real estate.
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