Covivio (OTCMKTS:GSEFF) Short Interest Up 81.4% in June

Covivio (OTCMKTS:GSEFF) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 3,266 shares, an increase of 81.4% from the June 15th total of 1,800 shares. Based on an average trading volume of 288 shares, the days-to-cover ratio is currently 11.3 days.

Covivio Price Performance

Shares of GSEFF stock opened at $63.01 on Friday. The stock has a fifty day moving average price of $64.25 and a 200 day moving average price of $64.93. Covivio has a one year low of $63.01 and a one year high of $65.30.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “buy” rating on shares of Covivio in a report on Tuesday, July 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Covivio Company Profile

Covivio is a leading European real estate company specializing in the investment, development and management of high-quality urban properties. The group’s core activities encompass office buildings, residential assets, and hospitality properties, positioning it as a diversified owner-operator across major European markets. Covivio focuses on generating stable, long-term rental income through active asset management and selective development projects.

Originally founded in 1998 under the name Foncière des Régions, the company adopted the Covivio brand in May 2018 to reflect its pan-European presence and forward-looking strategy.