Short Interest in VGP NV (OTCMKTS:VGPBF) Expands By 21.0%

VGP NV (OTCMKTS:VGPBFGet Rating) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 33,400 shares, an increase of 21.0% from the August 15th total of 27,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 334.0 days.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VGPBF shares. Barclays reduced their price objective on shares of VGP from €250.00 ($255.10) to €187.00 ($190.82) and set an “overweight” rating for the company in a research note on Tuesday, July 5th. JPMorgan Chase & Co. dropped their target price on shares of VGP from €260.00 ($265.31) to €180.00 ($183.67) and set an “overweight” rating on the stock in a report on Friday.

VGP Stock Performance

OTCMKTS:VGPBF opened at $143.90 on Friday. VGP has a 12 month low of $131.68 and a 12 month high of $302.00. The company’s 50-day moving average price is $164.04 and its two-hundred day moving average price is $201.98.

About VGP

(Get Rating)

VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. It leases its properties to tenants in the logistic sector, including storing, assembling, re-conditioning, and final treatment of the goods. The company also provides property management services; asset management services related to corporate administration, financing, business planning, reporting, budgeting, management of tax and legal affairs, controlling, etc.; project management and leasing services; and facility management services, such as maintenance, waste management, and greenery maintenance services.

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