Gazit-Globe Ltd. (OTCMKTS:GZTGF) Sees Significant Increase in Short Interest

Gazit-Globe Ltd. (OTCMKTS:GZTGF) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 15,034 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily volume of 3,398 shares, the short-interest ratio is presently 4.4 days. Approximately 0.0% of the shares of the stock are short sold.

Gazit-Globe Trading Down 31.3%

Shares of GZTGF traded down $0.47 during trading hours on Monday, hitting $1.03. The company had a trading volume of 528 shares, compared to its average volume of 3,575. The stock’s 50 day moving average price is $2.06 and its 200 day moving average price is $1.74. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 2.02. Gazit-Globe has a 52-week low of $0.00 and a 52-week high of $4.25.

Gazit-Globe Company Profile

Gazit-Globe Ltd. is a real estate investment company specializing in the ownership, management and development of income-producing retail properties. Through its subsidiaries and joint ventures, the company acquires, leases and operates community and neighborhood shopping centers anchored by grocery stores, as well as mixed-use and office complexes designed to serve urban and suburban markets.

Founded in 1982 by real estate entrepreneur Chaim Katzman, Gazit-Globe has grown from a local property developer into a globally diversified real estate group.