LEG Immobilien SE (OTCMKTS:LEGIF) Sees Large Growth in Short Interest

LEG Immobilien SE (OTCMKTS:LEGIF – Get Rating) saw a significant growth in short interest in April. As of April 30th, there was short interest totalling 450,500 shares, a growth of 43.7% from the April 15th total of 313,500 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 4,505.0 days.

Shares of LEGIF remained flat at $$106.15 during mid-day trading on Friday. 1 shares of the stock traded hands, compared to its average volume of 141. The company has a fifty day moving average of $113.53 and a 200-day moving average of $130.28. LEG Immobilien has a 12 month low of $103.55 and a 12 month high of $160.26.

A number of equities research analysts recently weighed in on LEGIF shares. Barclays lowered their price target on shares of LEG Immobilien from €134.00 ($141.05) to €118.00 ($124.21) in a report on Tuesday, March 29th. Morgan Stanley reduced their price objective on shares of LEG Immobilien from €128.00 ($134.74) to €120.00 ($126.32) and set an “equal weight” rating on the stock in a research note on Monday, March 28th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $119.00.

LEG Immobilien Company Profile (Get Rating)

LEG Immobilien AG, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat.

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