Short Interest in PSP Swiss Property AG (OTCMKTS:PSPSF) Declines By 29.4%

PSP Swiss Property AG (OTCMKTS:PSPSF) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 20,142 shares, a drop of 29.4% from the December 31st total of 28,526 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.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded PSP Swiss Property to a “buy” rating in a research report on Wednesday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

PSP Swiss Property Stock Performance

Shares of OTCMKTS:PSPSF opened at $180.65 on Friday. PSP Swiss Property has a 52-week low of $143.60 and a 52-week high of $185.00. The company has a fifty day moving average of $178.27 and a 200-day moving average of $174.55.

PSP Swiss Property Company Profile

PSP Swiss Property AG is a real estate investment company focused on acquiring, developing and managing high-quality commercial and residential properties in Switzerland. The firm’s core business activities encompass property investment, asset management, leasing and value-enhancing redevelopment projects aimed at maintaining a balanced and diversified portfolio.

The company’s portfolio is weighted toward office, retail and residential spaces located in prime urban centers. Properties are typically concentrated in major Swiss cities such as Zurich, Geneva, Basel and Lausanne, where PSP Swiss Property seeks to attract long-term tenants through modern amenities, sustainable design features and proactive facility management.

PSP Swiss Property conducts its operations through an integrated platform that oversees acquisitions, financing and ongoing property services.