Workspace Group Plc (OTCMKTS:WKPPF) Short Interest Update

Workspace Group Plc (OTCMKTS:WKPPF) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 4,164 shares, an increase of 59.2% from the February 12th total of 2,615 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Workspace Group Price Performance

Workspace Group stock opened at $5.70 on Friday. Workspace Group has a 12 month low of $4.75 and a 12 month high of $6.00. The company has a fifty day moving average price of $5.50 and a two-hundred day moving average price of $5.58.

Analysts Set New Price Targets

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

Workspace Group Company Profile

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.