Warehouses De Pauw SA (OTCMKTS:WDPSF) Short Interest Up 492.8% in April

Warehouses De Pauw SA (OTCMKTS:WDPSF) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 87,382 shares, a growth of 492.8% from the March 31st total of 14,740 shares. Based on an average daily trading volume, of 22 shares, the days-to-cover ratio is currently 3,971.9 days.

Analysts Set New Price Targets

Separately, Oddo Bhf upgraded shares of Warehouses De Pauw to an “outperform” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Warehouses De Pauw has an average rating of “Hold”.

Warehouses De Pauw Price Performance

OTCMKTS:WDPSF opened at $29.03 on Friday. Warehouses De Pauw has a 1-year low of $23.00 and a 1-year high of $30.57. The business’s fifty day moving average price is $28.16 and its 200 day moving average price is $26.84.

Warehouses De Pauw Company Profile

Warehouses De Pauw, trading on the OTC market under the symbol WDPSF, is a Belgian real estate investment trust focused on the development, ownership and management of logistics and distribution properties. Headquartered in Merchtem, Belgium, the company specializes in providing modern, high-quality warehouse and logistics facilities designed to meet the needs of a diverse range of industrial and commercial tenants.

The company’s core activities include the design, construction and leasing of build-to-suit and multi-tenant distribution centers.