Klépierre SA (OTCMKTS:KLPEF – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 136,100 shares, an increase of 38.6% from the April 30th total of 98,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1,361.0 days. Approximately 0.0% of the shares of the company are short sold.
Klépierre Trading Down 0.0%
OTCMKTS:KLPEF opened at $38.87 on Wednesday. Klépierre has a 52-week low of $26.45 and a 52-week high of $38.88. The business’s fifty day moving average is $35.51 and its 200 day moving average is $32.00.
Analysts Set New Price Targets
Separately, Berenberg Bank upgraded Klépierre from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th.
Klépierre Company Profile
Klépierre SA is the European leader in shopping malls, combining property development and asset management skills. The Company's portfolio is valued at 19.3 billion at December 31, 2023, and comprises large shopping centers in more than 10 countries in Continental Europe which together host hundreds of millions of visitors per year.
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