Short Interest in Great Portland Estates PLC (OTCMKTS:GPEAF) Decreases By 60.5%

Great Portland Estates PLC (OTCMKTS:GPEAF) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 1,098,776 shares, a drop of 60.5% from the January 29th total of 2,784,935 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 34 shares, the short-interest ratio is currently 32,316.9 days. Based on an average trading volume of 34 shares, the short-interest ratio is currently 32,316.9 days. Currently, 0.4% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Great Portland Estates from a “buy” rating to a “hold” rating in a research report on Thursday, December 4th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Great Portland Estates Price Performance

GPEAF stock remained flat at $4.63 during trading on Friday. 5 shares of the company were exchanged, compared to its average volume of 44. The business’s fifty day moving average is $4.43 and its 200-day moving average is $4.37. Great Portland Estates has a twelve month low of $3.64 and a twelve month high of $5.23.

Great Portland Estates Company Profile

Great Portland Estates plc is a London-based real estate investment trust (REIT) specialising in the acquisition, development and management of commercial property in central London. The company focuses on office space, retail premises and mixed-use residential schemes, targeting prime locations across the West End, the City and Midtown. Its core activities include asset repositioning through refurbishment and redevelopment, proactive leasing and tenant relationship management, and selective disposals to optimise portfolio value.

The firm’s investment strategy centres on identifying underutilised or outdated properties and unlocking value through strategic redevelopment.