Short Interest in CTP (OTCMKTS:CTPVF) Drops By 85.6%

CTP (OTCMKTS:CTPVF) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 31,214 shares, a decline of 85.6% from the December 15th total of 216,184 shares. Based on an average trading volume of 3 shares, the short-interest ratio is presently 10,404.7 days. Based on an average trading volume of 3 shares, the short-interest ratio is presently 10,404.7 days.

CTP Stock Performance

CTP stock remained flat at C$22.46 during trading on Monday. CTP has a 12 month low of C$18.95 and a 12 month high of C$22.85. The stock’s 50 day moving average price is C$22.46 and its 200-day moving average price is C$20.96.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About CTP

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.