Short Interest in Patrizia AG (OTCMKTS:PTZIF) Drops By 52.8%

Patrizia AG (OTCMKTS:PTZIFGet Rating) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 11,700 shares, a decline of 52.8% from the April 15th total of 24,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Patrizia from €35.00 ($36.84) to €30.00 ($31.58) and set a “buy” rating for the company in a report on Monday, March 14th.

Shares of Patrizia stock opened at $13.64 on Friday. Patrizia has a 52-week low of $13.64 and a 52-week high of $26.65. The company has a 50-day simple moving average of $26.13 and a two-hundred day simple moving average of $26.42.

About Patrizia (Get Rating)

PATRIZIA AG has been active as an investment manager in the real estate market across Europe for more than 35 years. PATRIZIA's activities include the acquisition, management, repositioning and disposal of residential and commercial real estate through its best-in-class local network in all key markets.

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