The GPT Group (OTCMKTS:GPTGF) Sees Significant Increase in Short Interest

The GPT Group (OTCMKTS:GPTGF) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 809,900 shares, agrowthof41.4% from the July 15th total of 572,800 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 2,699.7 days. Based on an average daily volume of 300 shares, the short-interest ratio is currently 2,699.7 days.

The GPT Group Stock Up 3.8%

Shares of OTCMKTS GPTGF opened at $3.53 on Friday. The company has a 50-day moving average of $3.22 and a two-hundred day moving average of $3.04. The GPT Group has a 1-year low of $2.64 and a 1-year high of $3.70.

The GPT Group Company Profile

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.