Gazit-Globe Ltd. (OTCMKTS:GZTGF) Sees Significant Decrease in Short Interest

Gazit-Globe Ltd. (OTCMKTS:GZTGF) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,840 shares, a decline of 87.8% from the May 31st total of 15,034 shares. Based on an average trading volume of 96 shares, the days-to-cover ratio is presently 19.2 days. Currently, 0.0% of the shares of the company are sold short.

Gazit-Globe Price Performance

Shares of Gazit-Globe stock remained flat at $1.03 during trading on Friday. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 2.02. Gazit-Globe has a 52-week low of $0.00 and a 52-week high of $4.25. The company’s 50-day moving average is $1.86 and its 200-day moving average is $1.77.

About Gazit-Globe

Gazit-Globe Ltd. is a real estate investment company specializing in the ownership, management and development of income-producing retail properties. Through its subsidiaries and joint ventures, the company acquires, leases and operates community and neighborhood shopping centers anchored by grocery stores, as well as mixed-use and office complexes designed to serve urban and suburban markets.

Founded in 1982 by real estate entrepreneur Chaim Katzman, Gazit-Globe has grown from a local property developer into a globally diversified real estate group.