The GPT Group (OTCMKTS:GPTGF) Short Interest Update

The GPT Group (OTCMKTS:GPTGF) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,094,500 shares, an increase of 88.8% from the September 30th total of 579,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 10,945.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is presently 10,945.0 days.

The GPT Group Stock Performance

GPTGF stock opened at $3.50 on Friday. The business’s fifty day simple moving average is $3.50 and its two-hundred day simple moving average is $3.24. The GPT Group has a twelve month low of $2.64 and a twelve month high of $3.65.

The GPT Group Company Profile

GPT is a vertically integrated diversified property group that owns and actively manages a portfolio of high quality Australian retail, office and logistics assets, with assets under management of $32.4 billion. The Group utilises its real estate management platform to enhance returns through property development and funds management.