Wereldhave (OTCMKTS:WRDEF) Sees Large Drop in Short Interest

Wereldhave (OTCMKTS:WRDEF) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 11,519 shares, a drop of 85.7% from the February 12th total of 80,686 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Wereldhave Stock Performance

WRDEF opened at $22.46 on Wednesday. The company’s fifty day moving average price is $22.46 and its two-hundred day moving average price is $20.05. Wereldhave has a 1-year low of $16.00 and a 1-year high of $22.46.

About Wereldhave

Wereldhave N.V., trading over-the-counter under the symbol WRDEF, is a Netherlands-based real estate investment company specializing in retail properties. Headquartered in The Hague, the firm focuses on owning, managing and developing shopping centers and mixed-use retail destinations. Established in 1930, Wereldhave has built a track record of creating consumer-oriented environments designed to meet the evolving needs of shoppers and tenants.

The company’s portfolio is concentrated in the Netherlands, Belgium and Finland, where it holds interests in a range of shopping malls and retail parks.