Short Interest in Great Portland Estates PLC (OTCMKTS:GPEAF) Declines By 60.5%

Great Portland Estates PLC (OTCMKTS:GPEAF) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,098,776 shares, a decrease of 60.5% from the January 29th total of 2,784,935 shares. Based on an average trading volume of 34 shares, the short-interest ratio is currently 32,316.9 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 34 shares, the short-interest ratio is currently 32,316.9 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Great Portland Estates from a “buy” rating to a “hold” rating in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Great Portland Estates Price Performance

Great Portland Estates stock opened at $4.63 on Friday. The company has a fifty day simple moving average of $4.44 and a 200-day simple moving average of $4.36. Great Portland Estates has a 12-month low of $3.64 and a 12-month high of $5.23.

About Great Portland Estates

Great Portland Estates plc is a London-based real estate investment trust (REIT) specialising in the acquisition, development and management of commercial property in central London. The company focuses on office space, retail premises and mixed-use residential schemes, targeting prime locations across the West End, the City and Midtown. Its core activities include asset repositioning through refurbishment and redevelopment, proactive leasing and tenant relationship management, and selective disposals to optimise portfolio value.

The firm’s investment strategy centres on identifying underutilised or outdated properties and unlocking value through strategic redevelopment.