Covivio (OTCMKTS:GSEFF) Short Interest Down 44.9% in July

Covivio (OTCMKTS:GSEFF) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,800 shares, a drop of 44.9% from the June 30th total of 3,266 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Covivio Stock Performance

Shares of GSEFF stock remained flat at $63.01 during midday trading on Friday. Covivio has a 52 week low of $63.01 and a 52 week high of $65.30. The company’s fifty day moving average price is $63.79 and its 200-day moving average price is $64.77.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “buy” rating on shares of Covivio in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

Covivio Company Profile

Covivio is a leading European real estate company specializing in the investment, development and management of high-quality urban properties. The group’s core activities encompass office buildings, residential assets, and hospitality properties, positioning it as a diversified owner-operator across major European markets. Covivio focuses on generating stable, long-term rental income through active asset management and selective development projects.

Originally founded in 1998 under the name Foncière des Régions, the company adopted the Covivio brand in May 2018 to reflect its pan-European presence and forward-looking strategy.