The GPT Group (OTCMKTS:GPTGF) Stock Short Interest Report for October

The GPT Group (OTCMKTS:GPTGF) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 120,856 shares, a decline of 41.8% from the September 30th total of 207,797 shares. Based on an average trading volume of 135 shares, the short-interest ratio is presently 895.2 days.

The GPT Group Stock Performance

Shares of GPTGF stock remained flat at $3.31 during mid-day trading on Friday. The stock’s fifty day moving average is $3.30 and its 200-day moving average is $3.40. The GPT Group has a 52 week low of $2.84 and a 52 week high of $3.83.

The GPT Group Company Profile

The GPT Group is an Australian property group and real estate investment trust with a diversified portfolio of retail, office and logistics properties. The group owns, develops and manages income-producing commercial real estate, with activities spanning property investment, development and asset management.

GPT’s retail business includes shopping centres, while its office and logistics operations focus on workplace and industrial properties in major Australian markets. Through its funds management platform, the company also manages property investment vehicles and provides real estate investment management services for institutional and other investors.

Established in 1971 as General Property Trust, The GPT Group has grown into one of Australia’s established diversified property owners.