CTP (OTCMKTS:CTPVF) Short Interest Down 32.5% in December

CTP (OTCMKTS:CTPVF) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 216,184 shares, a decrease of 32.5% from the November 30th total of 320,501 shares. Based on an average daily volume of 17 shares, the days-to-cover ratio is currently 12,716.7 days. Based on an average daily volume of 17 shares, the days-to-cover ratio is currently 12,716.7 days.

CTP Price Performance

CTPVF stock remained flat at C$22.46 on Wednesday. The firm’s 50 day moving average price is C$22.46 and its two-hundred day moving average price is C$20.54. CTP has a twelve month low of C$18.95 and a twelve month high of C$22.85.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of CTP in a research note on Monday, September 29th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

CTP Company Profile

CTP N.V., trading under OTCMKTS:CTPVF, is a leading developer and manager of logistics and industrial real estate in Central and Eastern Europe. Headquartered in Luxembourg and founded in 2010, the company focuses on providing modern build-to-suit and speculative warehouses and distribution centers for a diverse range of tenants in sectors such as e-commerce, retail, automotive, and manufacturing.

CTP’s portfolio extends across seven key countries—Czech Republic, Romania, Hungary, Slovakia, Poland, Serbia, and Bulgaria—where it manages site selection, construction, leasing, and facility operations.