Short Interest in PSP Swiss Property AG (OTCMKTS:PSPSF) Grows By 47.1%

PSP Swiss Property AG (OTCMKTS:PSPSF) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 29,620 shares, a growth of 47.1% from the January 15th total of 20,142 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

PSP Swiss Property Price Performance

OTCMKTS:PSPSF opened at $201.65 on Friday. PSP Swiss Property has a 52-week low of $143.60 and a 52-week high of $201.65. The stock has a fifty day moving average of $180.20 and a 200 day moving average of $175.67.

Analysts Set New Price Targets

Separately, UBS Group raised shares of PSP Swiss Property to a “buy” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

PSP Swiss Property Company Profile

PSP Swiss Property AG is a real estate investment company focused on acquiring, developing and managing high-quality commercial and residential properties in Switzerland. The firm’s core business activities encompass property investment, asset management, leasing and value-enhancing redevelopment projects aimed at maintaining a balanced and diversified portfolio.

The company’s portfolio is weighted toward office, retail and residential spaces located in prime urban centers. Properties are typically concentrated in major Swiss cities such as Zurich, Geneva, Basel and Lausanne, where PSP Swiss Property seeks to attract long-term tenants through modern amenities, sustainable design features and proactive facility management.

PSP Swiss Property conducts its operations through an integrated platform that oversees acquisitions, financing and ongoing property services.