Workspace Group Plc (OTCMKTS:WKPPF) Short Interest Update

Workspace Group Plc (OTCMKTS:WKPPF) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 17,405 shares, a growth of 359.1% from the January 15th total of 3,791 shares. Based on an average trading volume of 5,263 shares, the days-to-cover ratio is currently 3.3 days. Based on an average trading volume of 5,263 shares, the days-to-cover ratio is currently 3.3 days.

Workspace Group Stock Performance

OTCMKTS WKPPF opened at $5.75 on Wednesday. Workspace Group has a 12 month low of $4.75 and a 12 month high of $6.00. The company’s 50 day simple moving average is $5.19 and its 200 day simple moving average is $5.59.

Wall Street Analyst Weigh In

Separately, Barclays restated an “overweight” rating on shares of Workspace Group in a research report on Monday, December 8th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

About Workspace Group

Workspace Group plc is a London-based real estate investment trust (REIT) that specializes in providing flexible workspace solutions for small and medium-sized enterprises. The company acquires, develops and manages a diversified portfolio of office suites, studios and industrial workshops designed to support the operational needs of its clients. Its properties range from modern business centres to converted historic buildings, all tailored to foster creativity, collaboration and growth.

The group’s portfolio spans over five million square feet across more than 50 locations in Greater London.