VGP NV (OTCMKTS:VGPBF – Get Rating) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,500 shares, a drop of 34.2% from the March 15th total of 3,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 25.0 days.
Shares of VGPBF opened at $254.30 on Friday. VGP has a 1 year low of $201.20 and a 1 year high of $302.00. The stock’s 50-day moving average price is $252.53 and its two-hundred day moving average price is $259.52.
Separately, Barclays lifted their price objective on VGP from €235.00 ($255.43) to €250.00 ($271.74) and gave the stock an “overweight” rating in a research report on Tuesday, March 1st.
VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. The company leases its properties to tenants in logistic sector, including storing, assembling, re-conditioning, and final treatment of the goods. It also offers asset and property management services; and facility management services, such as maintenance, waste management, greenery maintenance services, etc.
- Get a free copy of the StockNews.com research report on VGP (VGPBF)
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